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1051 Allica Bank crowned latest UK fintech unicorn after raising £115m

UK Tech News
Oscar Hornstein @ UK Tech News · 02/25/2026 10:50 EDT

Allica Bank crowned latest UK fintech unicorn after raising £115m

Allica Bank, a challenger lender that works with SMEs, has been crowned as the UK’s latest fintech unicorn after a new $155m (£114.7m) Series D round valued it at $1.2bn. First launched in its current state in 2019, London-headquartered Allica Bank currently works with more than 30,000 SMEs across the UK, representing as much as ...

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