How much funding has Allica Bank raised?

Allica Bank has raised $392.0M in total funding, most recently a Series D round.

Who are Allica Bank's investors?

Allica Bank's investors include TCV, Atalaya Capital, Warwick Capital.

When was Allica Bank founded?

Allica Bank was founded in 2019.

Where is Allica Bank headquartered?

Allica Bank is headquartered in London, United Kingdom.

What industry is Allica Bank in?

Allica Bank operates in Fintech.

How many employees does Allica Bank have?

Allica Bank has 201-500 employees.

Allica Bank

How business banking used to be, just better.

London, United Kingdom · Founded 2019 · $392.0M raised

Fintech

Headquarters: London
Employees: 201–500
Founded: 2019
Business Model: B2B

Website: allica.bank
Total Funding: $392.0M
Last Round: $155.0M Series DFeb 2026
Rounds: 4

About

Allica Bank is a UK challenger bank built specifically for established SMEs with 5–250 employees — the backbone of the British economy. Founded in 2019, it offers business current accounts, savings accounts, and commercial lending combined with dedicated relationship managers and a modern digital platform. Allica became profitable in mid-2022 and has grown to over 500 employees, winning multiple industry awards for business banking. The bank is regulated by the Financial Conduct Authority and the Prudential Regulation Authority, with deposits protected by the FSCS.

Summary

Allica Bank is a Fintech company based in London, United Kingdom, founded in 2019. It has raised $392.0M in total across 4 rounds, most recently a $155.0M Series D round in Feb 2026. Investors include TCV, Atalaya Capital and Warwick Capital.

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