Allica Bank raises £100m Series C

­­Allica Bank, a UK neobank focused on SMEs, has closed a £100m Series C funding round. 

The new cash comes one year after its £110m Series B round, as AltFi exclusively revealed at the time, as well as less than six months from an interim top-up of £55m in June of 2022. 

TCV led this new Series C round, with existing investors Warwick Capital Partners and Atalaya Capital Management also taking part.

Read more: AltFi