Europe’s fastest-growing startup Allica Bank doubles profits

Europe’s fastest-growing startup Allica Bank has near doubled profits to £29.9m in 2024 (FY23 £16.1m).  The growth was driven by significant investment in its digital infrastructure, leading to a surge in revenue as the digitally-native bank grew its loan book to over £3bn and customer deposits surpassed £4bn. It was Allica’s second full year of … Continue reading Europe’s fastest-growing startup Allica Bank doubles profits