Allica
Banking · United Kingdom · 11-50 Employees
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Overview
Headquarters
United KingdomPhone Number
+44 1189235805Website
www.allica.co.ukRevenue
$16.4 MillionIndustry
ZI Rank: 1
Signal Type
Dec
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ZI Rank
1
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About Allica
Allica, formerly known as CivilisedBank, was granted a banking licence by the Bank of England in May 2017 and is in the process of building its infrastructure for launch. It released its banking licence in May 2018 to allow more time to develop its technology platform, and has reapplied for a new licence as it moves towards launch in 2019. Allica will focus on the UK SME market and be funded by SME and retail savings. Allica will ultimately serve businesses through working capital solutions and cash management, including loans, asset finance, savings and payment services. The bank will also address the UK retail market with a range of savings products. Allica aims to provide banking services to help build the success of businesses.Explore more
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Revenue
Number of Employees
Type
Funding
Founded In
Allica
$16.4M
11-50
Private
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N/A
Company Profile Activity
Activity Insights
Allica is experiencing very low activity levels compared to other companies in the Finance sector.
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Allica is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Allica.
Allica Tech Stack
A closer look at the technologies used by Allica
Allica News & Media
Allica names new CTO after acquiring AIB's SME lending book - Bridging and commercial
Allica Bank has announced the promotion of Ravneet Shah (pictured above) as chief technical officer.Small business lender Allica raises £110m as it quickens growth - The Times
Allica Bank, a specialist small business lender, tapped investors for £110 million, taking the amount it has raised to £233 million in the past two years.TheAllica 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.
Read more news
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Frequently Asked Questions Regarding Allica
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Allica, formerly known as CivilisedBank, was granted a banking licence by the Bank of England in May 2017 and is in the process of building its infrastructure for launch. It released its banking licence in May 2018 to allow more time to develop its technology platform, and has reapplied for a new licence as it moves towards launch in 2019. Allica w... Read More
