Allica Bank raises €126.5M Series B round
24 November 2021· London, United Kingdom· finance, banking, ai, b2b, pure_software
This funding round was primarily used to fund the acquisition of Allied Irish Bank's (AIB) £600 million Great Britain SME lending portfolio and to accelerate the bank's path to profitability.
Investors
LeadAtalaya Capital Management
Also participating
Warwick Capital Partners
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-announces-110-million-series-b-funding-round