Wrisk acquires Atto
UK-based embedded insurance platform Wrisk has acquired Atto , an open banking data provider that offers real-time income verification, affordability assessment, and credit risk insights based on transaction data.
Wrisk, which is backed by Allianz UK , works with automotive manufacturers to embed insurance into digital buying journeys. With Atto, the platform adds financial intelligence earlier in the process, allowing partners to combine credit decisioning with finance, insurance, and protection offerings in a single flow rather than relying on separate vendors or static bureau data.
Atto’s technology is used by enterprise clients across automotive and other sectors to support context-based lending and risk decisions during live customer interactions. The company will continue to operate as a standalone product and team within Wrisk, keeping its roadmap and existing client relationships.
Founded in the UK, Atto (a team of ~37) has raised about $34.4 million across 19 funding rounds, including a $9.5 million Series A in 2023 led by Ingka Investments and earlier backing from investors such as Par Equity, IQ Capital, and the Scottish Investment Bank.
“Atto has built a credible financial intelligence and credit scoring platform with real-world enterprise use. Joining Wrisk allows us to combine that intelligence with a delivery layer that serves brands and other partners at scale. Together, we can better support customer journeys that span finance, insurance and protection seamlessly.” – Nimeshh Patel, Chief Executive Officer at Wrisk.
“Joining Wrisk represents a natural next phase in Atto’s growth. We have proven the value of open banking–driven credit intelligence with enterprise clients, and Wrisk brings the regulated operating framework and delivery capability required to deploy that intelligence at scale. Together, we can embed credit decisioning, affordability, and actionable insight directly into live finance and protection journeys.” – Rob Knight, Strategic Programme Advisor at Atto.
