Allica Bank

Series D · Fintech · London, United Kingdom · Founded 2011 · 500–600 employees

Allica Bank is a UK digital bank specifically designed for established SME businesses with 5-250 employees, a market segment that represents about a third of the UK economy. The company has achieved rapid growth since launching lending operations in 2020, becoming profitable within three years and earning recognition as Europe's fastest-growing startup and the UK's fastest-growing tech company. In February 2026, Allica reached unicorn status with a $155 million Series D funding round that valued the company at $1.2 billion. The bank has lent over £3 billion to SMEs and serves over 30,000 business customers through its proprietary technology platform and network of relationship managers.

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