Allica Bank
Founded Year
2014Stage
Incubator/Accelerator | AliveTotal Raised
$369.08MAbout Allica Bank
Allica Bank specializes in financial services for established businesses, focusing on banking solutions within the financial sector. The company offers a range of products including business current accounts, savings accounts, asset finance, commercial mortgages, and growth finance. Allica Bank caters primarily to small and medium-sized enterprises with a suite of financial products designed to meet their banking needs. Allica Bank was formerly known as CivilisedBank. It was founded in 2014 and is based in London, United Kingdom.
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Allica Bank's Products & Differentiators
Property-backed loans
Lending based on business premises such as factories and shops
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Expert Collections containing Allica Bank
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Allica Bank is included in 5 Expert Collections, including Mortgage Tech.
Mortgage Tech
218 items
Companies here streamline and digitize the mortgage lending process. Collection includes direct lenders, mortgage brokers, process optimization technologies for lenders, as well as tools that support borrowers throughout the search and application phases.
Real Estate Tech
2,794 items
Startups in the space cover the residential and commercial real estate space. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and property management, insurance, mortgage, construction, and more.
Digital Banking
1,008 items
Challenger bank offer digitally native banking products (checking and savings account at the most basic) and either leverage partner banks or are fully-licensed banks themselves.
Fintech
13,413 items
Excludes US-based companies
Fintech 100
100 items
Latest Allica Bank News
Oct 29, 2024
| S.5 Episode 18 | Tech innovation in business banking with Allica Bank 29th October 2024 In the latest episode of the What the FinTech? podcast, we’re joined by Ravneet Shah, CTO of UK-based SME banking challenger Allica Bank, to explore the current business banking landscape and how Allica has looked to approach its technology and innovation strategy to meet the evolving needs of business customers. Ravneet and FinTech Futures editor Paul Hindle dive into the work Allica has been doing to develop its tech stack and its collaborations with fintech partners as it looks to further expand its products and services and continue its growth trajectory, after the challenger secured its first full year of profitability over 2023 . And finally, we find out what fintech buzzword Ravneet wants to throw into our Fintech Jail! | S.5 Episode 18 | Tech innovation in business banking with Allica Bank Thanks as always to Orama for editing this podcast. You can find out more about Orama and the services they offer here . Take a look at our catalogue of episodes on the What the FinTech? homepage .
Allica Bank Frequently Asked Questions (FAQ)
When was Allica Bank founded?
Allica Bank was founded in 2014.
Where is Allica Bank's headquarters?
Allica Bank's headquarters is located at 164 Bishopsgate, London.
What is Allica Bank's latest funding round?
Allica Bank's latest funding round is Incubator/Accelerator.
How much did Allica Bank raise?
Allica Bank raised a total of $369.08M.
Who are the investors of Allica Bank?
Investors of Allica Bank include Tech Nation Future Fifty, Warwick Capital Partners, Atalaya Capital Management, Technology Crossover Ventures, NACFB Patron Awards and Gala Dinner and 4 more.
Who are Allica Bank's competitors?
Competitors of Allica Bank include Monese, Tide, Virgin Money, Bunq, TSB Bank and 7 more.
What products does Allica Bank offer?
Allica Bank's products include Property-backed loans and 3 more.
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Compare Allica Bank to Competitors
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Lydia is a financial technology company specializing in mobile and digital banking services. The company offers a range of products including a digital current account, multi-account management, and tools for shared expenses, catering to the needs of modern consumers seeking efficient and secure online financial management. Lydia's services are designed to facilitate everyday banking, instant money transfers, and secure online payments without fees on international transactions. It was founded in 2011 and is based in Paris, France.
Monzo operates as a digital banking platform that focuses on personal finance management. The company offers personal and joint accounts, allowing users to track income, manage spending, and save money through an integrated mobile app. Monzo primarily serves individuals looking for an easy-to-use banking solution. Monzo was formerly known as Mondo. It was founded in 2015 and is based in London, United Kingdom.
Varo is a digital bank focused on providing premium banking services through a mobile app. The company offers access to high-yield savings accounts, quicker access to funds, and automatic saving tools without the need for physical branches. Varo serves customers seeking convenient and modern banking solutions. Varo was formerly known as Ascendit Holdings. It was founded in 2015 and is based in San Francisco, California.
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