Portfolio
2
companies
Carbonplace
Carbonplace provides a carbon credit transaction network connecting buyers and sellers through banks.
Atom
Atom operates as a digital app-based retail bank providing mortgages and savings products.
The funding comes from nine founder banks to support platform scaling and team expansion.
"With Carbonplace, we are transforming the way that carbon credits are bought, distributed, held and retired. I am excited to take this company to the next level of its evolution, and to help unlock its massive potential to drive significant economic and social value by opening the carbon markets up to the world."
The funding follows a £75m raise in February and will support ongoing growth and retail lending.
"I’m delighted that the bank’s continued success means that BBVA, Toscafund and Infinity Investment Partners have added to their stake in Atom, and taken new capital investment during 2022 to over £100m. Our prudent, secured lending model, backed by award winning retail savings allows us to make the very most of capital to support income growth and boost customer numbers. This will remain our focus."