Europe’s fastest growing start-up Allica Bank delivers another record year 

Allica Bank nearly doubled its profit in the last year after another period of rapid growth. The digital bank, which caters towards small and medium-sized enterprises (SMEs), increased pre-tax profits 86 per cent to £29.9m. Lending activity grew over £1bn in 2024 and revenue shot up 68 per cent to £292.1m, compared to £173.9m in [...]