Allica Bank
in the United Kingdom 🇬🇧
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About Allica Bank in the United Kingdom
Allica Bank is a British challenger bank and fintech institution that specializes in serving established small and medium-sized enterprises (SMEs) with 5 to 250 employees across the United Kingdom. Founded as a digital-first bank, Allica combines modern technology with personalized relationship banking to provide comprehensive business banking services. The bank has rapidly grown to become one of the UK's fastest-growing private companies, being recognized in The Sunday Times 100 in 2024.
Allica operates as a full-service business bank offering lending, savings, and current account products specifically designed for the needs of established businesses. The bank distinguishes itself by focusing exclusively on this often-underserved market segment, which represents approximately one-third of the UK economy.