Allica Bank

At Allica Bank, we are at the forefront of revolutionizing the banking landscape for established small and medium-sized enterprises (SMEs) through groundbreaking technology and a commitment to tailored, relationship-driven service. We are a digitally-native bank, meticulously engineered to address the complex and often underserved needs of businesses with 5 to 250 employees – the very backbone of the UK economy. Our proprietary, cloud-native banking platform is a testament to our innovation focus, digitizing and automating vast components of the end-to-end lending journey. This results in significant operational efficiencies and empowers us to deliver best-in-class decision turnaround times, a deeply valuable proposition for the dynamic SME sector and the burgeoning UK broker community. Since securing our banking license in 2019, we have relentlessly pursued our mission to combine the best of modern technology with the human touch of traditional banking, providing our clients with a dedicated relationship manager who understands their business and its unique challenges.

Our technological prowess is not merely a backend function; it is the engine of our growth and the core of our customer-centric approach. We have made substantial investments in building a formidable in-house engineering and product development capability, moving away from a reliance on third-party systems to gain unparalleled control and agility. This allows for the rapid iteration and launch of new products, from commercial mortgages and asset finance to our feature-rich Business Rewards Account. Our tech stack is a curated ecosystem of cutting-edge tools, including React for seamless front-end experiences, and Kotlin with Spring Boot for robust back-end applications, all hosted on Microsoft's Azure cloud platform. This event-driven, microservices architecture ensures scalability and resilience, enabling us to continuously innovate and enhance our offerings. By integrating with leading platforms like QuickBooks, Sage, and Xero, we are further simplifying financial management for SMEs, solidifying our position as a transformative force in business banking.