The bank’s latest funding round propels it to a valuation exceeding $1 billion.
Highlights:
- Allica Bank raises $155 million in Series D funding.
- The funding round boosts Allica to a valuation exceeding $1 billion.
- Allica aims to enhance its fintech offerings with the new capital.
Allica Bank has raised $155 million in a Series D funding round, achieving unicorn status with a valuation over $1 billion.
This significant investment will allow Allica to expand its fintech solutions and strengthen its market position.
The bank’s unique approach to serving businesses positions it well for growth within the competitive financial sector.
As a fintech leader, Allica aims to leverage this capital to innovate and enhance customer offerings.
