BBVA cancelled their planned takeover of Atom Bank due to concerns related to Brexit’s impact on the UK economy; Atom Bank announced plans to raise additional capital after the takeover bid was halted; the startup is planning to raise £50mn and has already begun talking to investors; the rumors of a BBVA takeover first surfaced back in January since the bank owns about 40 percent of the digital banking startup; Atom has also talked about going public in 2022 and has recently raised more than £150m in the last year. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.