Funding Round · Neobank · 2022

Allica Bank raises £100M in Series C funding

Allica Bank raised $120M Series C led by TCV, Warwick Capital Partners, Atalaya Capital Management on December 5, 2022.

Primary
Allica Bank
Counterparty
TCV, Warwick Capital Partners, Atalaya Capital Management
Amount
$120M
Structure
Series C
Date
December 5, 2022
Sub-sector
Neobank

Series C funding to accelerate growth in UK SME banking market following achievement of £1bn lending and monthly profitability.

Primary company
Allica Bank
Amount
$120M
Event date
December 5, 2022
Sub-sector
Neobank
HQ
Not disclosed
Structure
Series C
Source published
December 5, 2022
Publisher
FinSMEs

Source: finsmes.com