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1005 London’s Allica Bank targets 10% UK SMB market share by 2028 after €131 million raise

EU-Startups
David Cendon Garcia @ EU-Startups · 02/25/2026 04:57 EDT

London’s Allica Bank targets 10% UK SMB market share by 2028 after €131 million raise

Allica Bank, a British digital bank for SMBs that provides a proprietary full stack technology, has announced a €131 million ($155 million) Series D capital raise as it targets 10% market penetration in the UK by 2028. The round was raised with investements from Ventura Capital, GLG , Sona AM and existing investors TCV and ...

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