Allica Bank is a British challenger bank and fintech focused on transforming business banking for established small and medium-sized enterprises (SMEs) across the UK. The company operates in the SME banking, fintech and commercial lending sectors, offering a suite of products including business current accounts, savings solutions, commercial mortgages, asset finance and growth finance - all tailored to established SMEs.
The bank has lent over £3 billion to established UK businesses and raised £4 billion in deposits. Its model combines digital convenience with personal service through relationship managers positioned across the country. Allica Bank maintains a presence in London, Milton Keynes and Manchester.
Technology teams at Allica Bank build and maintain the digital infrastructure underpinning this blend of relationship-led banking and fintech capabilities. The bank positions itself as having a deep understanding of the challenges faced by growing businesses, and has received recognition for its service quality.
