Allica Bank raises new funds.

M2 EQUITYBITES-June 15, 2022--Allica Bank raises new funds

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Global Banking News - 15 June 2022

(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

British SME challenger bank, Allica has announced that it has raised new funds.

The firm has raised GBP25m in funding from existing investors. The firm also raised GBP30m as Tier 2 capital from British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank.

Last year...

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