British digital challenger bank Atom has acquired Grasp (UK), an IT development business owned by Eutechnyx/Zerolight founder Brian Jobling.
Atom, which is scheduled to launch later this year, said that the deal forms part of its strategic plan "to create the most engaging user experience in banking".
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The bank said that the deal would bring together user-interface expertise from the banking sector with experience from the video games industry, with the combined experience in 3D technology and design visualisation to enhance Atom customers’ experience.
As part of the deal, Grasp’s development team will join the Durham-based Atom family, while Jopling will join the bank in the role of business development director.
Atom chief innovations officer Edward Twiddy said: "Our first conversations with Brian about what gaming and the North East development industry could offer, started in the Spring of 2014 when Atom was just an idea.
"Now on the cusp of going live and after several months of testing, we are bringing some of the best in digital design and development into the heart of the family. Their work is our shop window and we’re really excited about what has already been built, and all the future promises."
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By GlobalData
