Transaction · Neobank · 2025

Allica Bank / Kriya 2025

Allica Bank acquired Kriya on October 22, 2025.

Target
Kriya
Acquirer
Allica Bank
Announced
October 22, 2025
Sub-sector
Neobank

Transaction overview

  • Allica Bank announced the acquisition of Kriya on October 22, 2025.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Expands Allica's embedded finance and business lending capacity to support £1bn working capital finance target over three years.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
October 22, 2025
Acquirer
Allica Bank (Strategic)
Sub-sector
Neobank

Frequently asked questions

When did Allica Bank announce the acquisition of Kriya?

Allica Bank announced the acquisition of Kriya on October 22, 2025.

What sub-sector is Kriya in?

Kriya is tracked in the Neobank sub-sector.

Sources

  • cityam.com /allica-bank-makes-major-acquisition-as-it-eyes-1bn-sme-lending-goal/