Fintech

Atom Bank mulls listing via Spac ahead of IPO plans

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

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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. 

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