Overview
Allica Bank, a UK-based digital bank for SMEs, raised £115 million in Series D funding, achieving a valuation of nearly $1.2 billion. Led by Ventura Capital and others, the funds will enhance SME lending and expand into new markets, leveraging AI for smarter lending solutions.
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Investors: Ventura Capital
Allica Bank, a UK-based digital bank for SMEs, raised £115 million in Series D funding, achieving a valuation of nearly $1.2 billion. Led by Ventura Capital and others, the funds will enhance SME lending and expand into new markets, leveraging AI for smarter lending solutions.