£95-100k
20% Bonus
More information about location
Fintech SME banking
Job no longer available
£95-100k
20% Bonus
More information about location
201-500 employees
To empower established SMEs to succeed.
SMEs are one of the central pillars of the British economy, yet many of these are being let down by the banks in terms of access to finance and personalised long-term support. Allica Bank is an early-stage bank established in 2019 specially built to help SMEs thrive in their industry.
The company sets itself apart by reimagining relationship banking, which is something that has been taken away from SMEs in recent years. Allica Bank is not only bringing it back but also improving on it, arming relationship managers with slick technology. This has been successful with the bank offering over £71m in SME loans in its first year of activity. Allica Bank currently provides a limited number of finance products - more precisely savings accounts, commercial mortgages, and asset finance - and aims to expand its range of products in the future.
The company is a fully licensed bank and it aims to continue to simplify the complex financial world by providing clients with easy-to-understand products and transparent fees. Due to the high levels of demand for its financial products, Allica Bank has recently raised funding which will be invested in developing its lending capacity.
Freddie
Company Specialist
Few candidates hear
back within 2 weeks
42% female employees
71% employee growth in 12 months
Dec 2022
$131.6m
SERIES C
Jun 2022
$32.9m
LATE VC
City of London, London, UK
Founders
Richard Davies
(CEO)Davies was previously the COO for HSBC, Commercial Banking Director for TSB Bank, and CEO for Revolut.
Started out as a strategic associate currently the Head of Special Projects at Allica
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