Banco Bilbao Vizcaya Argentaria S A : Atom, UK’s first mobile-based bank announces will.i.am as strategic board advisor

Today Atom Bank announced that musician and tech-investor will.i.am will join its board as strategic advisor. The UK's first mobile-only bank went live exactly one year ago.

In his new advisory role, will.i.am will provide the bank with an external perspective on culture, philanthropy and technology.

Anthony Thomson, Atom Founder and Chairman said, 'Like us, will.i.am believes that technology can better and simplify our lives, which is at the heart of all that we are passionate about at Atom. As we develop the range of products and services on offer to customers, will.i.am's unique view on the world and knowledge of future trends will be a great asset for us.'

Commenting on the relationship, will.i.am said, 'Our lives are faster than ever before, but the banking industry hasn't kept up. The scale of Atom's ambition to help people understand and manage their money better, and it's clever use of technology to give people an entire bank on their phones is awesome.'

Atom launched its innovative banking app in 2016, offering two types of savings products and a loan offering for SMEs. Atom plans to launch new products and continuous App enhancements throughout 2017. The app is currently available on the App Store and via Google Play.