What does Atomic do?
Atomic is a financial technology company that builds advanced banking connectivity solutions. It helps financial institutions deepen consumer relationships through products like payroll connectivity, payment switching, bill management, and authentication. The company currently collaborates with 8 of the top 10 financial institutions and several leading fintech firms.
How much did they raise?
The company successfully closed a $10M Series A funding round. The round was led by prominent investors including Capital One Ventures, Citi Ventures, and F.N.B. Corporation, reflecting strong confidence in Atomic's offerings and market strategy.
What are their plans for the money?
With the new funding, Atomic plans to expand its operations and accelerate development efforts. The influx of capital is expected to drive innovation in its suite of connectivity solutions, potentially enhancing the way financial institutions engage with consumers.
What have they achieved so far?
Atomic has already established significant industry traction by partnering with 8 of the top 10 financial institutions. This achievement underscores its strong market presence and the effectiveness of its tailored financial connectivity solutions.