Congratulations to Richard Davies and the @AllicaBank team on their $155m Series D and new $1.2bn valuation 🎉
A brilliant milestone for a UK FinTech helping 30,000 SMEs grow across the country.
#UKFinTech
Exclusive: Allica Bank, a small business lender which has a 5% share of the UK market, will tomorrow announce a $155m (£111m) equity-raise that will propel it into the ranks of Britain’s fintech unicorns, joining the likes of Starling Bank and Revolut. news.sky.com/story/mark-klei…
In the first of a series looking at the rise of the fractional CFO, in association with Allica Bank, we explore the influences behind the role’s increasing popularity. 📈
🔎 Explore here: ow.ly/iXwL50WMCT8
What is behind the rapid growth of UK fintech?
There’s a rocket strapped to UK fintech, and it’s only speeding up. On 28 April, UK fintech week kicks off, with industry body Innovate Finance hosting its 11th global summit. This follows another record year for the industry, where businesses saw profits balloon and customer bases swell.
Allica Bank, a London-based fintech, was dubbed the UK’s fastest growing private company by The Times Hundred and Europe’s fastest growing start-up by Sifted. The firm nearly doubled its profits in 2024, pocketing £29.9m.
With young firms on the rise and established challengers posing a threat to traditional lenders, London has emerged as a global leader in fintech, but what’s behind the City’s momentum?
Janine Hirt, chief executive of Innovate Finance, told City AM: “Success stories like Allica Bank, Revolut and Zilch are great examples of UK fintech’s strengths – and they are far from the exception.”
Read more of the story here 👇
cityam.com/inside-the-rapid-…#uk#fintech#finance#financialnews#business#businessnews#tech#technology#technews#personalfinance#economy#economics#london#newyork#bank#banking#monzo#revolut#zilch#onlinebanking#uknews#ukeconomy#uktech
Allica Bank’s “Get Your Money Hat On” campaign stood out with bold creativity & strategic storytelling.
With RoosterPunk, they turned a simple orange bowler hat into a symbol driving engagement.
Download the case study:
okt.to/C6wkrB#BrandStorytelling#B2BMarketing
Morning Brief – Monday 17 March 2025
➡️The big currency winners of 2025 so far do not include the dollar
➡️How Allica Bank defied the odds to become a profitable UK challenger
🤝Member states:🇩🇰🇨🇿🇱🇻
🖇️t.ly/eQvd1
Allica Bank is on track for another profitable year, with CEO Richard Davies crediting its shift to in-house tech and a strong engineering culture. With rapid UK growth, the bank is now considering international expansion — but success is not guaranteed.
on.ft.com/4isI50T
Allica Bank’s new look is here! The orange bowler hat logo signals its commitment to blending relationship banking with tech innovation - all to support UK’s established businesses.
Read more: ow.ly/FTqZ50Va1Qg@AllicaBank#SMEBanking#Rebrand
A key question for many food manufacturers is how to finance continued growth and innovation. John Harrison, head of relationship management at Allica Bank, explains why firms should expect more support from their banking partner!
Full story: bit.ly/4hJi9h9#banking