Allica is a digitally-native bank dedicated to serving and supporting Britain’s established small and medium businesses (SMEs), a vital and underserved segment of the economy. Allica and its proprietary, cloud-native banking platform are specifically suited to handle the complexity associated with established SMEs. The platform digitizes and automates many components of the end-to-end lending journey, which drives significant operational efficiency and enables best-in-class decision turnaround times, a deeply valuable proposition to SMEs and the growing UK broker community. Allica received its banking license in 2019.