Latka logo
AllicaBank logo

AllicaBank

London, England, United Kingdom

2024 Revenue

$394.8M

Funding

$291M

YOY

68%

Team · 2025

863

Founded

2019

AllicaBank Revenue & Funding (2024)

Allica Bank is a UK challenger bank built especially for established businesses with between 5 and 250 employees. The bank focuses on providing tailored financial solutions for small and medium-sized enterprises (SMEs).

Last updated

AllicaBank Revenue

In 2024, AllicaBank's revenue reached $394.8M. The company previously reported $235M in 2023. Since its launch in 2019, AllicaBank has shown consistent revenue growth.

AllicaBank Revenue GrowthReported revenue / ARR over time$0$100M$200M$300M$400M$500M201920202021202220232024$0$235M$394.8MSource: GetLatka.com
YearMilestoneSource
2024AllicaBank Hit $394.8m revenue in December 2024
2023AllicaBank Hit $235m revenue in December 2023
2019Launched with $0 revenue

AllicaBank Valuation, Funding Rounds

AllicaBank has not publicly disclosed its valuation. The company has raised $291M in total funding to date.

AllicaBank has raised $291M in total funding across 4 rounds, most recently a $100M Series C round in 2022.

AllicaBank Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$75M$0.4$150M$0.6$225M$0.8$300M$1$375M2019202020212022Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Series C$100M--finsmes.com
2022Debt Financing$55M--openbankingexpo.com
2021Series B$110M--openbankingexpo.com
2020Seed Round$26M--fintechfutures.com

Founder / CEO

Richard Davies

CEO/Founder

Richard Davies is listed as CEO/Founder at AllicaBank.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for AllicaBank yet.

AllicaBank Employees & Team Size

AllicaBank employs approximately 863 people as of 2026.

AllicaBank Team GrowthReported headcount over time02004006008001,000201920202021202220232024202500863863Source: GetLatka.com
YearMilestoneSource
2025Reached 863 employees (December 2025)

Frequently Asked Questions about AllicaBank

What is AllicaBank's revenue?

AllicaBank generates $394.8M in revenue.

Who founded AllicaBank?

AllicaBank was founded by Richard Davies.

Who is the CEO of AllicaBank?

The CEO of AllicaBank is Richard Davies.

How much funding does AllicaBank have?

AllicaBank raised $291M across 4 rounds.

How many employees does AllicaBank have?

AllicaBank has 863 employees.

Where is AllicaBank headquarters?

AllicaBank is headquartered in London, England, United Kingdom.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

Claim this profile