London-based fintech group Atom CTO will rebrand to Teybridge Tech following its acquisition by Dublin-based firm Teybridge Capital Europe.
Founded in 2017, Atom CTO provides startups and scaleups with strategic and operational technology advice.
Under the ownership of Teybridge Capital Europe, Atom CTO will continue to be led by co-founder and managing director Bhairav Patel (pictured), who will also be given the title of chief technology officer of Teybridge Capital Europe.
“I’m proud to say that Atom CTO will now become part of Teybridge Capital Europe as part of this transaction. Our company has worked very closely with the team in Teybridge Capital Europe over many years, and this transaction is a natural evolution of the strong partnership we’ve developed together,” said Patel.
“By establishing Teybridge Tech, we believe we can bring our award winning fintech solutions to a much broader customer base of banks and financial lenders across Europe, while continuing to service our existing clients.”
The acquisition is part of Teybridge’s strategy to enhance its service offering to customers in the European market and provide fintech platform solutions to clients.
“I’m pleased to announce that Teybridge Capital Europe has completed the acquisition of Atom CTO – a company that we’ve worked very closely with over the years and understand the deep expertise within the business,” said Teybridge Capital Europe chief executive Dylan Martin (pictured).
“This strategic acquisition allows us to establish Teybridge Tech, a new division for Teybridge Capital Europe that broadens our service offering and will allow us to develop bespoke fintech solutions for clients in the banking sector”
