Allica Bank
Allica Bank is a British challenger bank and fintech providing current accounts, savings, commercial mortgages, asset finance, and growth finance to established SMEs across the UK.
Allica Bank is a British challenger bank and fintech that provides banking services to established small and medium-sized enterprises (SMEs) across the United Kingdom. The firm is authorised and regulated by the UK's financial regulators and operates from offices in London, Milton Keynes, and Manchester.
The bank's product range covers business current accounts, savings solutions, commercial mortgages, asset finance, and growth finance. Its approach combines digital convenience with a relationship-led model, pairing online account management with dedicated relationship managers for business clients.
Allica Bank has reached significant scale in the UK SME banking market, having lent over £3 billion to businesses and raised more than £4 billion in deposits. The company positions itself as an alternative to traditional high-street banks for established small and medium-sized businesses that have outgrown the offerings of other challenger banks.