Atomic Secures $10 Million Strategic Investment to Drive Financial Innovation
Summary
Headquartered in Salt Lake City, Atomic provides technology that enables payroll connectivity, payment switching, bill management, and authentication. “We’re excited to have these industry leaders join us on our mission to champion upward financial mobility,” said Jordan Wright, Co-founder and CEO of Atomic. “Together, we’re building the infrastructure that will drive the next generation of financial products, unlocking deposit growth and delivering improved experiences for our customers and their users.” Nathan Krishnamurthy, Managing Vice President at Capital One Ventures, emphasized the value of Atomic’s solutions: “We invested in Atomic to support a stellar management team and an innovative service that facilitates financial connectivity for consumers.” Capital One Ventures strategically backs pioneering companies that accelerate innovation in data, technology, and financial services. Jeff Flynn, Director at Citi Ventures, echoed this sentiment: “We’re excited to invest in Atomic, a company that is redefining financial connectivity and account primacy solutions. By continuing to enhance payroll connectivity and financial automation, the company is paving the way for a more integrated and efficient banking experience for consumers and institutions alike.