Utah's growing role in the FinTech arena continues unabated as Atomic FI has just closed a $22 million round of Series A funding.
According to its news release, Salt Lake City-based Atomic's financing was led by Core Innovation Capital, with participation with existing investors Portag3 Ventures and Greylock Capital Management.
In total, Atomic has raised over $38 million.
Atomic's release explains that the company is focused on building
"... a new generation of bank accounts and transform banking applications into consumer-centric platforms."
Already this Financial Technology firm is reaching over 1.5 million consumers monthly through such FinTech partners as
- Unfimoney, and
- Welcome Tech.
According to Wright,
"We created Atomic to help the most financially vulnerable members of our society access transparent financial services that they can trust."