Atom Bank Acquired IT Development Business Grasp

  • Banking , M&A Deals
  • 09.03.2016 07:30 am

Atom Bank, recently ranked 8th in KPMG’s Global Fintech listing and 1st in Tech World’s Digital Challengers list is delighted to announce the successful acquisition of the IT development business Grasp (UK) Limited, owned by Brian Jobling. As part of the deal, Brian becomes Business Development Director at Atom. The development team from Grasp will now be part of the Atom family, based in Durham, and will bring extensive experience of working with some of the biggest consumer brands in the world including projects with F1, NASCAR, MTV and James Bond.

Edward Twiddy, Atom’s Chief Innovations Officer said “Our first conversations with Brian about what gaming and the North East development industry could offer, started in the Spring of 2014 when Atom was just an idea. Now on the cusp of going live and after several months of testing, we are bringing some of the best in digital design and development into the heart of the family. It’s great to have found such a talented and dedicated team. Their work is our shop window and we’re really excited about what has already been built, and all the future promises.“ 

Brian stated, “Atom Bank is one of the most exciting projects in the North East and my passion for the region meant myself and the team couldn’t possibly turn down the opportunity to work with Atom longer term. An amazing development environment has already been created at Atom and it’s great to be part of a business with such enthusiasm and drive. Atom is rapidly expanding its development team and there isn’t a better place for top quality developers to hone their trade   I look forward to continued working with Edward and the team to create a seamless and engaging user interface experience that will be appreciated by Atom’s customers.”

The acquisition of Grasp is part of Atom’s strategic plan to create the most engaging user experience in banking.  In a single move, this brings together User-Interface expertise from the banking industry with experience from the video games industry.   This combined experience in 3D technology and design visualisation is driving the differentiation of Atom’s customer’s experience.

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