Allica Bank raises €139.5M Series D+ round
25 February 2026· London, United Kingdom· finance, banking, ai, b2b, pure_software
The funding will be used to accelerate UK growth, deepen investment in the bank's proprietary technology stack (specifically AI-driven lending), and fuel expansion into international markets for the first time, starting with Northern Europe.
“We are building the category-defining digital bank for established small and medium businesses, and are excited to be taking our proprietary platform into new markets. This Series D investment is a major vote of confidence in Allica’s strategy and performance.”
Investors
LeadVentura Capital
Also participating
TCVGLGSona Asset ManagementBlue Owl Capital
About Allica Bank
Key People
Richard DaviesChief Executive Officer
Ravneet ShahChief Technology Officer
Niv SubramanianDeputy Chief Executive Officer
Headquarters
London, United Kingdom
Founded
2017
Team Size
500+
Sectors
financebankingaib2bpure_software
Source: https://www.allica.bank/news-articles/allica-bank-raises-155m-series-d