Atom Bank appoints advisors for £100m fundraising drive

Atom Bank, the app-based lender, has picked advisers to secure a further £100m in capital in what is expected to be its final fundraising before an attempt to list its shares publicly.

Sky News understands the Durham-based company is working with bankers at Jefferies on a share sale that will take place in the coming months.

One investor who has been approached about participating in the capital-raising said this weekend that Atom Bank could seek as much as £150m.

Source : Atom Bank appoints advisors for £100m fundraising drive