Atomic Acquires $30 Million to Drive Investment Platform Growth
Atomic Secures $30 Million for Global Expansion of Investing Services
Atomic, an innovative embedded investing platform, has recently raised an impressive $30 million in funding to bolster its global expansion efforts. The investment is backed by prominent firms including Aquiline and Brewer Lane, alongside notable participation from Intuit, Nationwide Ventures, and Samsung Next. This significant capital will empower Atomic to enhance its regulatory capabilities and expand its investing platform across banks, insurers, fintechs, and consumer brands.
Transforming Wealth Management
Atomic is at the forefront of reshaping wealth management by decoupling client-facing distribution from the underlying brokerage infrastructure and regulatory demands. This unique approach allows fintech companies, banks, and non-financial brands to seamlessly integrate brokerage and wealth management functionalities into their offerings in a matter of weeks. As a result, they can compete effectively with traditional brokerage firms without needing to develop in-house brokerage expertise.
Addressing Global Wealth Management Challenges
The global wealth management sector is valued at approximately $100 trillion; however, wealth services have historically been limited in reach. Atomic is breaking down these barriers by enabling any organization with customer relationships to become a channel for investing services. The company's rapid growth indicates strong market demand: over the last year, it has expanded its end-investor accounts by an astounding 52 times and is now processing over $20 billion in annualized trading volume.
Building Partnerships for Success
Atomic currently powers investment products for a diverse array of partners, including finance applications like NerdWallet and private-market investment platforms such as Yieldstreet. Through these partnerships, Atomic is facilitating broader access to investment opportunities that were previously reserved for a limited audience.
Vision for Financial Prosperity
David Dindi, CEO of Atomic, stated, "Together with our global partners, we're creating a future where everyone can utilize the power of compounding to achieve financial success. We are thrilled to welcome investors who align with our ambitious vision of transforming how wealth is created and distributed." Max Chee, Co-head of Aquiline's venture strategy, added, "Atomic is redefining the landscape of wealth management. Their platform lowers costs and expands access, paving the way for widespread innovation among fintechs and established financial institutions."
Capitalizing on Regulatory Expansion
The newly acquired capital will be crucial in accelerating Atomic's regulatory efforts, broadening its product offerings, and collaborating more closely with fintech companies as well as established banks and insurance providers globally. The involvement of new investors—ranging from venture capitalists to leading insurers and technology firms—underscores the expansive mandate Atomic is embracing. By separating distribution from infrastructure, Atomic is embedding investment capabilities into everyday applications, which is essential for helping more individuals build their wealth.
About Atomic
Atomic is a premier investing-as-a-service platform that empowers consumer-facing businesses to swiftly and seamlessly integrate investing and wealth management into their products. Using Atomic's API and brokerage infrastructure, companies can launch fully compliant investing experiences, including fractional investing and direct indexing, without requiring extensive in-house expertise in regulatory or operational matters. Founded in 2020 by Emma Marriott, Marco Alban-Hidalgo, and David Dindi, Atomic's mission is to ensure that wealth-building opportunities are accessible to all individuals. Headquartered in New York, the company boasts a global team and is supported by top fintech investors.
Frequently Asked Questions
What is Atomic's business model?
Atomic operates as an embedded investing platform, allowing businesses to integrate brokerage and wealth management features into their offerings easily.
How much funding has Atomic recently raised?
Atomic has successfully raised $30 million in its latest funding round to help expand its services and reach more customers globally.
Who are Atomic's primary investors?
The funding round was led by Aquiline and Brewer Lane, with participation from companies like Intuit and Samsung Next, among others.
What impact does Atomic aim to have on wealth management?
Atomic's goal is to democratize access to wealth management by allowing institutions to offer investment services to their customers easily, thus enhancing financial prosperity.
What services does Atomic provide?
Atomic provides an API and brokerage infrastructure that enables businesses to deliver compliant investing experiences, including features like direct indexing and global trading.
About The Author
Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
