Allica Bank: $155 Million Series D At Nearly $1.2 Billion Valuation
By Amit Chowdhry ● Mar 1, 2026
Allica Bank, a digital bank focused on small and medium-sized businesses, has raised $155 million in a Series D funding round to accelerate its growth in the UK, deepen investment in its technology platform, and begin international expansion. The round was backed by Ventura Capital, GLG, Sona AM, and existing investors TCV and Blue Owl. The majority of the funding consists of common equity, alongside a portion of new additional Tier 1 equity capital. The investment values Allica at close to $1.2 billion.