Allica Bank

47 results about this entity

Period: 19 Sep 2017 - 18 Dec 2024

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Allica smashes £3 billion in lending and £4 billion in deposits

Allica Bank has smashed through £3 billion in lending and £4 billion in deposits as the UK’s established SMEs flock to the challenger that promises to deliver ‘business banking how it used to be, just better’.

Allica Bank enters bridging market with Tuscan acquisition

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Allica Bank enters bridging market with Tuscan acquisition

British SME challenger bank Allica has acquired bridging lender Tuscan Capital from Quilam Capital for an undisclosed fee.

SME Finance Taskforce announces plan boost UK economic growth

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SME Finance Taskforce announces plan boost UK economic growth

The SME Finance Taskforce has released its coalition plan to boost the UK economy by speeding up lending and access to finance for 5.5 million SMEs.

Fortifying the UK's Position as a Global Fintech Hub

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Fortifying the UK's Position as a Global Fintech Hub

Join FinextraTV at IFGS 2024 as Richard Davies, CEO of Allica Bank, sheds light on the UK's potential to become a global fintech hub. We discuss the steps the UK must take to solidify its industry leading position, including diversifying financial service providers, fostering fintech growth, nurturing global champions, and gaining insight into the role the government has in shaping the fintech ecosystem with key policy recommendations to drive innovation and scalability.

Allica Bank reports first profitable year

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Allica Bank reports first profitable year

SME challenger bank Allica has achieved its first full year of profit just three years since opening its doors to lending.

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Allica Bank integrates with Sage and Xero accounting platforms

Allica Bank – the digital relationship bank especially for established businesses with 10 or more employees – has announced partnerships with leading accounting software platforms Sage and Xero.

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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.

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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.

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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.

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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.

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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.

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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.

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