# Allica Bank

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/allica-bank

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.allica.bank
- Total disclosed funding: $409M
- Latest round: Series D (Feb 24, 2026)
- Investors on record: 7

## About

Based in London, UK, and founded in 2019 by Jason Scott, Allica Bank Limited operates as a financial service company that offers commercial mortgages, asset finance, and savings accounts for selected SME companies. In February 2026, Allica Bank Limited raised GBP 111 million in series D funding from Glg, Sona Asset Management, Ventura Capital, Blue Owl Capital and TCV.

Allica Bank Limited is an operator of a digital business bank committed to serving, supporting, and empowering small and medium-sized businesses to succeed. Furthermore, the company provides businesses with economy lending products such as commercial mortgages and asset finance, as well as a diversity of business and retail savings products and services, helping corporations to do business and individuals to save money. The company will use the February 2026 funding to support expansion in Northern Europe and further develop its artificial intelligence capabilities.

## Funding rounds

- Series D, Feb 24, 2026, $149M — TCV, Sona Asset Management, Blue Owl, Ventura Capital, Glg
- Series C, Dec 5, 2022, $123M — TCV, Atalaya Capital Management, Warwick Capital Partners
- Series B, Nov 24, 2021, $137M — Atalaya Capital Management, Warwick Capital Partners

## Investors

- Atalaya Capital Management — Series B, Series C
- Warwick Capital Partners (https://capitalatlas.ai/funds/warwick-capital-partners) — Series B, Series C
- TCV (https://capitalatlas.ai/funds/tcv) — Series C, Series D
- Sona Asset Management — Series D
- Blue Owl (https://capitalatlas.ai/funds/blue-owl) — Series D
- Ventura Capital (https://capitalatlas.ai/funds/ventura-capital) — Series D
- Glg — Series D