Durham digital banking company Atom bank has launched a recruitment drive as it prepares to expand its suite of products.

The Aykley Heads business, the 海角视频鈥檚 first bank created purely for mobile phones, is hiring another 20 people into its technology team alongside roles in operations, risk and finance.

The jobs will be based at its Durham headquarters at the Rivergreen Centre, adding to the 420-strong workforce Atom has created since launching six years ago.

The recruitment drive comes as Atom bank has re-platformed its core technology stack onto Google Cloud, while also partnering with leading London based fintech company Thought Machine to create new products based on smart contracts, a novel technology that allows the bank to create flexible and customised products for all customers.

Edward Twiddy, chief customer officer at Atom bank said: 鈥淲e鈥檙e a fast growing company, bringing lots of opportunity to the North East and we鈥檙e committed to driving positive change in the region. Atom has a brilliant and inclusive culture which we鈥檝e worked hard to retain over the COVID-19 crisis.

鈥淎s we grow again we鈥檙e eager to take advantage of talent on our doorstep.

鈥淲e have provided large numbers of jobs for graduates of the region鈥檚 colleges and universities alongside some more experienced hires in recent years, and we remain committed to finding the right balance of talent in these latest tranches of new roles.

鈥淭his investment in technology and innovation will make our business more efficient and agile, resulting in a markedly better experience for our customers.

鈥淔or anyone wanting the chance to work with the best banking technology in the world and the most customer-centric bank in the 海角视频, these new roles represent a great opportunity.

鈥淲e鈥檙e also continuing to build partnerships across the region and the North to grow our capability. I was particularly delighted when we signed our partnership with Gateshead-based Wordnerds last week, and we鈥檙e already using their advanced linguistics AI to support our social media team.鈥

Atom has been helping smaller businesses as one of small number of banks offering secured loans through the Government-backed Coronavirus Business Interruption Loan Scheme (CBILS).

Mr Twiddy said: 鈥淲e鈥檝e been accepting CBILS applications since the start of June through our national network of 200+ independent brokers. Last week we processed over 拢40m of applications for CBILS, reflecting the demand for our simple, transparent and competitively priced products.鈥

The bank is also helping the region鈥檚 young people who find themselves in need of additional help as part of a four-year STEM partnership with the Prince鈥檚 Trust.

The partnership, announced in November 2017 by the company鈥檚 superstar advisor Will.i.am, has seen the business become the Prince鈥檚 Trust鈥檚 leading STEM partner and it recently made a donation to the Young People Relief Fund.

Mr Twiddy added: 鈥淲e鈥檙e very proud to be a lead partner with The Prince鈥檚 Trust and to help young people during this crisis and beyond.

鈥淎t the same time we are actively backing the creation of the Durham Mathematics School for young people with a strong aptitude for maths, and I am delighted to be supporting the Department for Education鈥檚 Opportunity North East project that focuses on attainment and progression across secondary schools and academies in our region.鈥