Allica Bank

47 results about this entity

Period: 19 Sep 2017 - 18 Dec 2024

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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.

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

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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.

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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.

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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.

Allica Bank scores £100 million funding round

/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.

Allica Bank scores £55m in debt and equity

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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.

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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.

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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.

Allica scoops £110 million in Series B

/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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