Fintech

Atom Bank mulls listing via Spac ahead of IPO plans

A Spac would speed up Atom’s 2022/23 listing timeline

Mullen, who launched Atom Bank in 2014, said the bank’s primary strategy for going public is “still the orthodox IPO”
Mullen, who launched Atom Bank in 2014, said the bank’s primary strategy for going public is “still the orthodox IPO” Photo: Getty Images

Atom Bank has held discussions with financial advisers about whether it might go public via a Spac, as the UK digital bank weighs its options ahead of a planned initial public offering of its shares.

“It’s an interesting and intriguing vehicle, it’s on our radar,” the bank’s chief executive and co-founder Mark Mullen told Financial News, adding the fintech firm has had early-stage discussions exploring growing its business using a special purpose acquisition company. 

WSJ Logo