A Series A of Fortunate Events

Hi there,

We held this month’s newsletter to share A special announcement with you first.

Today we announced our $22 million Series A to double down on talent acquisition while scaling its best-in-category product experience. We are thrilled to have Core Innovation Capital and Portage Ventures co-lead our latest round of funding, with participation from existing investor Greylock.

In addition to our investors, we could not have achieved this milestone without your trust and the more than 40 financial institutions, fintech and technology firms, including 11 of the largest consumer finance apps, that we work with.

Our technology is enabling innovative fintech solutions that reach more than 1.5 million unique consumers a month through leading financial providers, including:

• Coinbase, to enable greater access to the cryptoeconomy, through trading, spending, saving, and earning;
• Dave, to help consumers avoid predatory overdraft fees on its mission to create financial opportunity that advances America’s collective potential;
• Welcome Tech, to provide unbanked immigrants with access to checking and savings accounts;
• Propel,to help consumers manage government benefits and money through its financial app, Providers;
• Lendtable,to empower employees to optimize their benefits and retirement planning;
• Klover, to help consumers improve their financial freedom and access their earned wages early;
• Unfimoney,to help next-gen investors achieve long-term investment and savings goals;
• Bond, to enable developers and brands to embed financial products and build the next generation of personalized fintechs.
• MX, to empower the world to be financially strong through data-driven money experiences;

The funding comes as our company continues to set new benchmarks for the industry including our coverage of over 450 payroll integrations that reach more than 120 million Americans, or 75% of the country.

Our traction and this funding secure Atomic’s payroll APIs as the leading way for consumers to securely connect their payroll accounts to a third-party banking app to set up or switch direct deposit payments and to access financial data for income (VOI) and employment (VOE) verifications.

Atomic was created to build a new generation of bank accounts and transform banking applications into consumer-centric platforms. This infusion of capital will be focused on continuing to deliver cutting-edge financial solutions and working towards achieving our mission to help the most financially vulnerable members of our society access transparent financial services that they can trust.

In this edition of Atomic Intelligence we share insights on:

• Our Series A announcement & media coverage
• Upcoming events and opportunities to meet the Atomic team IRL
• Our partnership announcement with Bond
• Replay our Moov Devcon Workshop & FIS Venture Center demo day
• Discuss the news on the LendIt livestream and more

We’re just getting started,

Lindsay

P.S. Thank you to TechCrunch for breaking the newsand the media outlets covering the round, though Lemony Snicket is noticeably missing.