Allica Bank

Allica Bank

Financial Services

London, England 258,052 followers

Business banking how it used to be, just better.

About us

🌟 Rated ‘Excellent’ on Trustpilot 🥇 Ranked #1 in 2024’s The Sunday Times 100 list of Britain's fastest-growing private companies 🚀 Fourth on LinkedIn's '2024 Top UK Startups' list Allica is a bank built especially for established businesses with between 5 and 250 employees. These businesses make up a third of UK employment and turnover, yet the service they get from the big banks is increasingly impersonal, inconvenient, and poor value. We don’t think that’s right. Allica Bank is on a mission to give established businesses the banking they deserve. That means a current account with a great interest rate. A relationship manager whose name and number they actually know. And technology that makes life easier, not harder. It’s proving to be a winning proposition. Allica was recently named as Britain's fastest-growing private company in 2024’s The Sunday Times 100. We’re also the fastest-growing fintech company in the 26-year history of Deloitte’s UK Technology Fast 50 awards. In 2023, we announced we had lent over £2 billion to UK SMEs, raised £2.6 billion in deposits, and become profitable, all in our first four years of business. From our offices in Milton Keynes, London and Manchester, we’re offering business banking how it used to be, just better.

Website
https://www.allica.bank
Industry
Financial Services
Company size
201-500 employees
Headquarters
London, England
Type
Privately Held
Founded
2019
Specialties
SME Banking, Business Banking, Savings, Business Loans, Commercial Mortgages, and Asset Finance

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Funding

Allica Bank 6 total rounds

Last Round

Series C

US$ 121.9M

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