Allica Bank
How business banking used to be, just better.
London, United Kingdom · Founded 2019 · $392.0M raised
- 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.
Tech & App Stack
7 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
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Funding History
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Feb 2026
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Series A through Series D — per-round amounts, valuations, and who invested in each round.
Investors
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