Allica Bank

53 results about this entity

Period: 19 Sep 2017 - 14 May 2025

/retail

Allica Bank completes over £2 billion of business lending

Allica Bank – the fintech challenger bank specifically focused on established businesses with over ten employees – has revealed it has completed more than £2 billion in lending to UK businesses, with 80% of that being to businesses outside of London.

/wholesale

Allica Bank’s business account recruits 2,000 customers; joins Current Account Switch Service

Allica Bank – the fintech challenger bank specifically focused on serving established businesses with 10-250 employees – now has 2,000 business current account customers after launching earlier this year.

/payments

Allica Bank signs with Wise for cross-border money transfers

Wise Platform, Wise’s global payment infrastructure for banks and major enterprises, today announces a new partnership with Allica Bank to provide UK businesses with a transparent and low-cost way to send money internationally.

/wholesale

Profile Software secures contract extension with Allica Bank

Profile, a leading financial solutions provider, has announced the extension of the term of its contract with Allica Bank, which has been based on the strong relationship and fruitful collaboration between the two parties.

/retail

Allica Bank reports £2 billion in its savings accounts after strong start to 2023

Allica Bank – the digital relationship bank dedicated to serving established British businesses – has achieved a new milestone, raising more than £2 billion in deposits from business and personal savers.

/payments

Allica Bank enlists ClearBank to boost business banking for UK SMEs

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced its partnership with Allica Bank, the fintech challenger bank dedicated to supporting established UK small and medium businesses.

/retail

Allica Bank hails landmark year

Allica Bank today reports its business and financial performance for 2022, confirming a series of watershed achievements across the business.

/regulation

PRA capital rule changes puts £44bn of SME lending at risk - report

The UK Prudential Regulation Authority's plans to change bank capital rules could put up to £44 billion of SME lending at risk, according to research commissioned by Allica Bank.

/security

Allica Bank embraces SurePay’s Confirmation of Payee

SurePay, the European leading Confirmation of Payee provider, has today announced that UK fintech Allica Bank has implemented its UK Confirmation of Payee solution to protect consumers against fraud and misdirected online payments.

/wholesale

Allica doubles maximum loan size to £10 million

Allica Bank, the fintech challenger bank dedicated to supporting established SMEs, has doubled its maximum commercial mortgage loan size from £5 million to £10 million as it looks to ramp up support for business owners in a challenging market.

/startups

Allica Bank scores £100 million funding round

SME challenger bank Allica has raised £100 million in a Series C funding round led by growth technology investor TVC.

/wholesale

Allica Bank scores £55m in debt and equity

British SME challenger bank Allica has secured £25 million in funding from existing investors, as well as a £30 million Tier 2 capital facility from British Business Investments.