Leading Payroll Api, Atomic, Announces $22 Million Series A To Build A New Generation Of Bank Accounts

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Atomic is the market leading provider of payroll APIs, trusted by 11 of the largest fintech firms, including digital-first neobanks, alternative lenders, and digital brokerages. Atomic's payroll integrations provide the infrastructure to connect end consumers to their financial data and automate setting up and updating direct deposits. Atomic is a member of the Financial Health Network, a nonprofit network of leading-edge financial services and financial technology providers committed to consumer- and employee-focused financial health innovations. Atomic's vision is to enable wealth creation for consumers by building more on-ramps to financial services. Atomic simplifies complicated payroll integrations with a single API that covers over 450 unique payroll connections. Including incumbent payroll providers, bespoke enterprise solutions, modern HR tech providers, gig-economy platforms and government systems, Atomic's payroll APIs cover 75% of the U.S. workforce with a combined reach of 120 million workers. Atomic has raised $38.6 million from investors, including Core Innovation Capital, Portag3, and Greylock. If you are curious about the intersection of fintech and payroll, as well as Atomic's latest Insights, we can personally add you or you can subscribe here.