Fintech

Losses at Atom and Curve mount just weeks after fresh capital injections

Both digital challenger banks have lost significantly more than they did in 2018, continuing a trend in the sector

Atom and Curve, two of the UK’s new breed of digital banking-sector challengers, have reported mounting losses just weeks after securing fresh investor backing.

According to accounts published this week, Atom’s losses widened from £53m to £80m last year, while Curve’s doubled to £10.6m in the 12 months to October 31, 2018.

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