Features, Benefits and How it Works
Allica Bank is a UK-based challenger bank established in 2019, focusing on providing banking solutions tailored for small and medium-sized enterprises (SMEs) and individuals.
Headquartered in London, Allica aims to fill the gap left by traditional banks by offering a range of financial products, including business current accounts, savings accounts, and commercial mortgages.
Moreover, the bank emphasizes a technology-driven approach, leveraging digital tools to simplify banking processes for its customers. One of its key features is the ability to conduct international transactions, allowing SMEs to make payments to over 160 countries without the typical exchange rate markups, thanks to partnerships with payment platforms.
Overall, Allica Bank is committed to enhancing the banking experience for established businesses, ensuring they have access to the services and support needed to thrive in today’s competitive market. With a growing customer base and a focus on innovation, Allica is rapidly gaining recognition as a leading player in the fintech landscape.
Go to Allica Bank
Founded: 2019
Headquarters: London, UK
Users: unknown
Countries available: United Kingdom
Account plans: checking and savings accounts for personal users and businesses
