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Atom Bank

Atom Bank is planning to expand the 188-strong workforce at its Durham-based digital banking business with 100 new jobs by next summer, and is seeking a second office.

Atom Bank has acquired Grasp (UK), the North East-based design and development firm, for undisclosed terms.

Atom Bank has won approval to build a 4,200 sq m head office at Aykley Heads Estate for its Durham-based digital banking business.

Atom has sold a £45m stake in its County Durham-based digital bank to BBVA of Spain.

Atom Bank has confirmed plans to create 170 jobs at its new online bank based at Northumbria House in Durham, having sold a stake to Durham County Council.

Atom Bank is looking to recruit more than 30 new staff over the next two months, having secured £25m from investors to launch its new Durham-based online bank.

Atom Bank is to open a 10,000 sq ft headquarters for its new digital bank in Durham in September, with the creation of up to 160 jobs.

Atom Bank is planning to launch a new online bank in 2015, employing about 120 staff at a call centre in the Newcastle area.