Allica Bank has moved to a new London office near Old Street, opened this month by local Islington South and Finsbury MP Dame Emily Thornberry.
The move follows a period of rapid growth for the bank, which now employs 765 people – a 50% increase since the end of 2023.
Allica, which received its UK banking licence in 2019, has already lent over £3bn to British businesses and was named earlier this year as the second-fastest growing company in Europe by the Financial Times.
With offices also in Milton Keynes and Manchester, Allica said it had already far outgrown its previous London headquarters near Liverpool Street.
Its new home at 15 Worship Street, right by Finsbury Square and between The City and Silicon Roundabout, gives Allica’s staff – who typically work on a hybrid model – more space to work from the office, including a range of modern facilities.
Richard Davies, CEO of Allica Bank, said: “Allica’s growth over the past few years has been fantastic, and our new London office is a big step forward in supporting that journey.
“We still have ambitious plans to continue to grow, so it’s critical that we’ve created the right environment for our colleagues to come together, work together, and build the products and services our customers deserve.
“So, we’re not just growing fast – we’re growing the right way, with a relentless focus on our mission and culture.”
Speaking on her visit, Dame Emily Thornberry MP added: “It was great to visit the offices of Allica, and I am really pleased that they have chosen to headquarter in Islington South and Finsbury.
“It is often said that small and medium sized businesses are the engine of our economy, and it is important that we recognise the vital role that companies like Allica play in supporting SMEs.”
