# Atto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/atto

- Industry: Software
- Headquarters: Edinburgh, UK
- Website: www.atto.co
- Total disclosed funding: $8.1M
- Latest round: Seed (May 14, 2019)
- Investors on record: 6

## About

The IDCO. Ltd, trading under the name Atto, provides advanced bank data solutions with a focus on Open Banking technology, enhancing the Credit Risk Lifecycle for financial institutions and businesses.The IDCO. Ltd, founded in 2010, operates out of Edinburgh, UK, and specializes in bank data solutions.In March 2026, Wrisk Limited, a portfolio company of Hiscox, Oxford Capital Partners, QIC, Cell Rising Capital, Guinness Global Investors, QBN Capital, Flow Capital Corporation, Allianz AG, Mundi Ventures, Opera Tech Ventures, and Volution Ventures, acquired Atto from IQ Capital, PXN Group, Scottish Enterprise, New Wave Ventures, Scottish Investment Bank, SixThirty, Amadeus Capital Partners, Platform One Media, Sage Technologies, and Ingka Investments James Varga serves as the founder, contributing his experience to the company's strategic direction. The firm has achieved a current valuation of GBP 34.166 mn.The IDCO. Ltd specializes in advanced bank data solutions through its flagship product, Atto, which leverages Open Banking technology to enhance the Credit Risk Lifecycle. Atto addresses critical business challenges by streamlining processes from customer onboarding to collections and recoveries, thereby redefining how organizations assess credit risk. The platform is designed for a diverse client base that includes financial institutions, credit providers, and other businesses that require robust data analytics to support lending decisions. Atto's primary geographical markets encompass the United Kingdom and other European countries, where regulatory frameworks such as the Financial Conduct Authority (FCA) and the Information Commissioner's Office (ICO) are established, ensuring compliance and trust in data usage.The IDCO. Ltd generates revenue through subscription-based models for its Atto platform, offering tiered pricing plans tailored to the varying needs of its clients. Business transactions typically involve financial institutions subscribing to Atto to gain access to real-time bank data analytics, enabling them to make informed credit decisions. Clients benefit from the platform's capabilities, which include reducing risk and increasing conversion rates in lending processes. Revenue streams are primarily derived from B2B engagements, where clients pay recurring fees based on their usage levels and access to additional features within the Atto platform.The February 2026 acquisition enables Wrisk Limited to integrate real-time credit intelligence into its embedded insurance architecture to unify decisioning and execution within enterprise customer experiences.

## Funding rounds

- Seed, May 14, 2019, $2M — Amadeus Capital Partners, SixThirty
- Series B, Feb 25, 2014, $2.6M — PXN Group, IQ Capital, New Wave Ventures
- Seed, Oct 2, 2013, $0.1M — SixThirty
- Seed, Apr 30, 2012, $2.5M — PXN Group, IQ Capital, New Wave Ventures
- Seed, Sep 1, 2011, $0.9M — PXN Group, IQ Capital, Scottish Enterprise

## Investors

- PXN Group (https://capitalatlas.ai/funds/pxn-group) — Seed, Series B
- IQ Capital (https://capitalatlas.ai/funds/iq-capital) — Seed, Series B
- Scottish Enterprise (https://capitalatlas.ai/funds/scottish-enterprise) — Seed
- New Wave Ventures (https://capitalatlas.ai/funds/new-wave-ventures) — Seed, Series B
- SixThirty (https://capitalatlas.ai/funds/sixthirty) — Seed
- Amadeus Capital Partners (https://capitalatlas.ai/funds/amadeus-capital-partners) — Seed