Allica Bank

53 results about this entity

Period: 19 Sep 2017 - 14 May 2025

/wholesale

Allica Bank secures £30m Tier 2 capital facility from British Business Investments

British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, today announces a new £30m Tier 2 capital facility for challenger bank, Allica Bank.

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Allica Bank goes live on Mambu

Allica Bank, the fintech challenger bank for established SMEs in the UK, today announced their successful go-live on leading cloud banking platform, Mambu.

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Allica Bank promotes Ravneet Shah to CTO

Allica Bank – the fintech challenger bank that seeks to empower Britain’s small and medium-sized businesses – has today announced the promotion of Ravneet Shah as Chief Technical Officer (CTO).

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Allica Bank selects SaaScada to support roll out of SME banking products

SaaScada, the leading new core banking platform and services provider announces that it has been selected to support the launch of Allica Bank’s new product range in the SME banking sector.

/retail

Allica Bank joins the APPG for Challenger Banks and Building Societies

The APPG for Challenger Banks and Building Societies is delighted to announce that Allica Bank is the latest challenger bank to join as an Associate Member of the Group.

/startups

Allica scoops £110 million in Series B

SME challenger bank Allica has agreed a £110 million Series B funding round led by Atalaya Capital Management, alongside existing lead investor Warwick Capital Partners.

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Allica Bank buys AIB SME loan book

Challenger Allica Bank has boosted its profitability ambitions by agreeing to buy the £600 million British small business loan book of Allied Irish Bank.

/people

Allica Bank hires three fintech heavyweights

Allica Bank, the business bank dedicated to empowering small and medium-sized businesses to succeed, has continued its recent growth with a trio of senior fintech hires, strengthening its commitment to deliver expert banking for business Britain.

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Allica Bank bids for $100 million in new funding

UK business bank Allica is embarking on a $100 million fundraising round with an eye to snapping up distressed non-bank lenders impacted by the Coronavirus pandemic.

/people

Allica Bank appoints Revolut's Richard Davies CEO

Allica Bank – the recently launched business bank that seeks to empower small and medium sized businesses – has today announced the appointment of Richard Davies as Chief Executive Officer (CEO).

/startups

Allica Bank adopts Profile core platform

Profile Software, the international financial solutions provider, announced today that Allica Bank, the bank that empowers small and medium businesses to succeed, has comprehensively implemented Profile’s FMS.next, and RiskAvert to manage their banking and risk management operations.

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Allica Bank hires Matthew Oakes as head of prudential risk

Allica Bank, the bank that seeks to empower small and medium-sized businesses, has today announced the appointment of Matthew Oakes as Head of Prudential Risk.