Subscribe
type here...
Saturday, December 14, 2024
Subscribe
Allica Bank: Embraces SurePay’s Confirmation of Payee
BankingBusiness
Less than 1 min.Read

Allica Bank: Secures additional £55m for future growth

Laura M
By Laura M

Allica Bank: Secures additional £55m for future growth

  • Allica Bank is dedicated to serving and supporting small and medium businesses and empowering them to succeed
  • Announced it has secured £55m in additional funding as it continues to make significant gains in the SME banking market
  • The latest funding builds on the successful £110 million Series B funding round in November 2021
  • The additional funding will be used to fuel continued growth and comes shortly after the bank announced 
  • Grew its SME lending to over £560 million more than 12 times higher compared to the end of 2020
  • British Business Investments aims to increase the supply and diversity of finance for smaller businesses across the UK

Hot this week

Blogs

Banking as a Service: Meaning, Examples, Benefits and Future

0
The push for open banking has led to a...
Blogs

What is Fintech?

0
Fintech: A term used to refer to innovations in...
Blogs

Best fintech blogs and websites

0
Fintech (financial technology) has been an interesting part of...
Blogs

How to buy shares online

0
Buying shares online in India has come a long...
Blogs

Is it worth investing in life insurance over 60?

0
Is it worth investing in life insurance over 60? As...

Topics

Banking

UK Regulator PSR Plans Cap on Cross-Border Card Fees to Protect Businesses

0
Subheading The Payment Systems Regulator (PSR) proposes a price cap...
Banking

Hong Kong Unveils Roadmap for Sustainability Reporting to Lead Global Green Finance

0
Subheading Hong Kong's new roadmap mandates ISSB Standards for sustainability...
Banking

Standard Chartered Partners with Paxos for Stablecoin Reserve Management

0
Subheading: Enhancing Reserve Management Efficiency with Stablecoin Innovations from PaxosHighlights:...
Banking

GoAuto Partners with One Inc to Revolutionize Insurance Payments

0
Subheading: Streamlining Digital Payment Solutions for the Insurance Industry with...
Banking

Nuvei Introduces Google Pay to Transform LATAM Payment Landscape

0
Subheading Expanding Digital Payment Solutions Across Latin America with Google...
Banking

First Abu Dhabi Bank Partners with Broadridge to Build Global Agency Securities Finance Business

0
Subheading First Abu Dhabi Bank collaborates with Broadridge Financial Solutions...
Banking

Proxymity and Citi Launch Vote Connect Global to Enhance Proxy Voting Efficiency

0
Subheading Proxymity collaborates with Citi Securities Services to launch Vote...
Banking

Mid-Tier Banks Invest Heavily in Payment Modernization with Volante Technologies

0
Subheading Volante Technologies' latest report reveals significant investments by mid-tier...

Related Articles

Popular Categories

FinTechBankingBusinessFundingAIPaymentsPartnership
spot_imgspot_img
Previous article
Digiseq: Secures investment from Rtekk
Next article
Ecommpay: Hires form HSBC financial crime lead Francisco Mainez

Fintech News - Stay updated with the latest news in fintech, cryptocurrency, and financial technology.

Company

Headlines

UK Regulator PSR Plans Cap on Cross-Border Card Fees to Protect Businesses

0
Subheading The Payment Systems Regulator (PSR) proposes a price cap...

Hong Kong Unveils Roadmap for Sustainability Reporting to Lead Global Green Finance

0
Subheading Hong Kong's new roadmap mandates ISSB Standards for sustainability...

Standard Chartered Partners with Paxos for Stablecoin Reserve Management

0
Subheading: Enhancing Reserve Management Efficiency with Stablecoin Innovations from PaxosHighlights:...

GoAuto Partners with One Inc to Revolutionize Insurance Payments

0
Subheading: Streamlining Digital Payment Solutions for the Insurance Industry with...

Newsletter

Get important news delivered directly to your inbox and stay connected!

© Newspaper WordPress Theme by TagDiv