Atomic is an online platform that provides payroll connectivity solutions, enabling secure verification of user accounts and real-time direct deposit management. By streamlining income and employment verification for various financial services, Atomic enhances access to lending, investing, and digital banking for millions of consumers.
Funding
$78.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+1Founders
Product
Problem
Many financial services struggle to efficiently verify user accounts and manage direct deposits in real-time, leading to friction in accessing lending, investing, and digital banking services. Traditional methods often rely on manual processes or insecure data sharing, creating delays and increasing the risk of fraud.
Solution
Atomic provides a payroll connectivity platform that enables secure and real-time verification of user income and employment data. The platform streamlines direct deposit management and account authentication, allowing financial institutions and fintech companies to enhance their services. By offering APIs, SDKs, and customizable user interfaces, Atomic simplifies the integration of financial connectivity into existing applications. This allows businesses to improve user experience, reduce operational costs, and mitigate risks associated with traditional verification methods.
Target Audience
Atomic primarily targets financial institutions, fintech companies, and other businesses that require secure and efficient income and employment verification, such as lenders, digital banks, and investment platforms.
Features
- Secure account authentication using TrueAuth, eliminating the need for password sharing.
- SmartAuth leverages AI for accurate and scalable payroll connectivity.
- Real-time direct deposit switching and management through PayLink.
- Customizable SDKs and APIs for seamless integration into existing platforms.
- Developer toolkit and sandbox environment for rapid product development.
- Pre-built user interfaces for faster deployment.
- Continuous access to user-permissioned income and employment data.