Allfunds Bank
in the United Kingdom 🇬🇧
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About Allfunds Bank in the United Kingdom
Allfunds Bank is a specialized B2B WealthTech platform operating as a UK branch of the Spanish parent company, Allfunds Bank, S.A.. The bank provides institutional fund distribution services, connecting financial institutions (distributors) with asset managers (fund houses) through an integrated digital marketplace. With over €1.5 trillion in assets under administration globally, Allfunds operates in more than 60 countries and serves as one of the world's leading business-to-business platforms for the funds industry.
In the UK, Allfunds Bank functions as a Third Country Branch authorized by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA). The bank does not serve retail customers directly but instead provides infrastructure and services to wealth managers, private banks, independent financial advisers, and asset managers.