Bond Dickinson has advised Atom Bank, the UK's first bank built exclusively for mobile, on its latest successful funding round, raising a further £83million of equity capital. The total equity capital raised by Atom now stands at £219M; a significant amount in the Fintech sector. Bond Dickinson has worked with Atom since inception, acting as its sole legal adviser for all of its fundraising rounds, with Ben Butler and Catherine Willis leading the Bond Dickinson team on this latest fundraising.
Anthony Thomson, Founder and Chairman of Atom, commented: "Bond Dickinson have become integrated members of the Atom team and we rely on them consistently to deliver a great service. They are responsive and proactive in their approach and I look forward to continuing our work with them".
Ben Butler, Corporate Partner at Bond Dickinson, commented: "This continues to be a very exciting time for Atom, the UK financial services world is continually changing in the face of increasing consumer demand for new and different services. Already the bank has raised more than any of the challenger banks put together and we are delighted to play a role in its story and are delighted to continue to advise Atom."
Bond Dickinson has played a major role at every stage of Atom's creation to date, advising on regulatory, commercial and funding aspects.
The Bond Dickinson Corporate team was recently awarded 'Deal of the Year £10m+' for their work on Atom's £135m equity fundraising in 2016 by Insider at the annual North East Dealmakers Awards.