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.

• Straightforward - Often, the best things are made simple. It's why we believe in being straightforward. That means cutting the jargon, using concise language that everyone can understand, and being upfront with one another – even when it's not the easiest thing to do.
• Collaboration - Whether it's with colleagues, customers, brokers or suppliers, we're better when we work together. Rather than having a hard sales culture, we celebrate how we support each other and what makes us different.
• Integrity - Building trust is about being honest and transparent with colleagues and customers. At Allica, we want everyone to be comfortable saying what they think, and to speak out when there's something we could be doing better.
• Delivery - Everyone at Allica is great at what they do. We hold high standards, so that our colleagues and customers know they can rely on us. And we're always looking for ways to improve.

Total funding: $343.5m