Allica Bank - News, Articles & Research

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.

23 November 2021

Company announcement/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.

05 October 2020

News/wholesale

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.

17 September 2020

Company announcement/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).

27 July 2020

Company announcement/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.

30 June 2020

Company announcement/regulation

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.

01 June 2020

Company announcement/wholesale

Allica Bank launches interest bearing business deposit accounts

Allica Bank – the business bank whose mission is to empower small and medium sized businesses to succeed – has today announced the launch of its 12-month and 24-month deposit accounts for businesses.

18 May 2020

Company announcement/people

Allica Bank appoints Steve McGregor as head of application engineering

Allica Bank, the business bank on a mission to empower small and medium-sized businesses to succeed, has today announced the appointment of Steve McGregor as Head of Application Engineering.

30 April 2020

Company announcement/regulation

SME bank Allica approved by PRA

Allica, a bespoke bank for SMEs, is delighted to announce that it has been granted its banking licence by the Prudential Regulation Authority (‘PRA’) and will be dually regulated by the PRA and the Financial Conduct Authority (‘FCA’).

09 September 2019

Company announcement/startups

Redwood's Gareth Claxton joins SME banking startup Allica as senior commercial manager

Allica, the company building a SME bank with relationship managers, announces the appointment of Gareth Claxton as Senior Commercial Manager.

29 January 2019

Company announcement/startups

CivilisedBank rebrands as Allica

CivilisedBank the digital SME bank with relationship managers, announced today that it has changed its name to Allica.

17 December 2018

Company announcement/regulation

CivilisedBank appoints Rajan Kapoor as audit committee chair

CivilisedBank (‘the Bank’), the digital SME bank with relationship managers, announces the appointment of Rajan Kapoor to the Board as Non-Executive Director and Chair of its Audit Committee as well as its Remuneration Committee.

27 November 2018