Allica Bank

Investor: British Business Bank

The British Business Bank has completed a £350m ENABLE Guarantee transaction with Allica Bank to expand SME lending capacity across the UK.Summary of transaction details:Value: £350mSector: Financial ServicesAdvisor: Not disclosedKey Entities: British Business Bank, Allica Bank, Sona Asset ManagementLocation: UKNote: This deal is expected to increase access to finance for small and medium-sized enterprises, driving economic growth and job creation in the UK.

Investor: Ventura Capital

Allica Bank, a UK-based challenger lender focused on SMEs, has been valued at $1.2 billion, achieving unicorn status after successfully raising £114.7 million (equivalent to $155 million) in a Series D funding round. This significant capital injection will fuel the bank's expansion plans, technological advancements including AI integration, and international market entry.Summary of transaction details:Value: £114.7 million (approx. $155 million)Sector: Fintech / Challenger BankingAdvisor: Not DisclosedKey Entities: Allica Bank (Target), Ventura Capital (Lead Investor), GLG, Sona AM, TCV, Blue Owl (Co-investors)Location: London, UK (Headquarters)Note: This funding round underscores investor confidence in Allica Bank's growth trajectory and its strategy to serve the often-overlooked SME market. The investment is earmarked for expanding lending capacity, advancing its proprietary technology platform with AI, and exploring new international markets, solidifying its position as a key player in digital SME banking.

Investor: Ventura Capital, GLG, Sona AM, TCV, Blue Owl

Allica Bank, a digital banking platform focused on established small and medium-sized enterprises (SMEs), has successfully raised £115 million in a Series D funding round, achieving unicorn status with a valuation approaching $1.2 billion. This capital injection will fuel its continued growth in the UK, deepen investment in its proprietary technology, including AI, and support its planned international expansion.Summary of transaction details:Value: £115 millionSector: FinTech, Digital BankingAdvisor: Not specifiedKey Entities: Allica Bank (Target), Ventura Capital, GLG, Sona AM, TCV, Blue Owl (Investors)Location: UK (Target HQ/primary market), International Expansion plannedNote: This funding round highlights significant investor confidence in Allica Bank's strategy to serve the underserved established SME market, leveraging technology and AI to drive both domestic and international growth.

Investor: Ventura Capital, TCV

Investor: TCV, Warwick Capital Partners, Atalaya Capital Management

Investor: British Business Investments

Investor: Atalaya Capital Management, Warwick Capital Partners

Investor: Atalaya Capital, Warwick Capital Partners

Investor: Warwick Capital LLP