// SCALING UP //

Allica initially launched to market in 2020 with a range of lending and savings products . However , the intention was always to build a business current account , allowing it to offer established businesses a full range of banking services .

It would build its business current account especially to meet the needs of established businesses , which have typically been underserved by the incumbents , offering great rewards , competitive savings rates and the support of a dedicated relationship manager .

“ We want to develop deeper , more meaningful connections with our customers . Business current accounts and transactional banking naturally provides more touchpoints with our customers , enabling us to cultivate and grow relationships with customers ” explained Nida Sattar , Head of Product – Payments at Allica Bank . “ Our business current account is an important product for us , and we wanted to partner with someone to deliver this , using best-in-class connectivity options with low operational overhead , taking the pain of direct connectivity away from us .”

That meant finding a partner that could support a seamless go-to-market launch and grow alongside the bank as it expands . The bank needed to collaborate with a proven

WE WANT TO DEVELOP DEEPER , MORE MEANINGFUL CONNECTIONS WITH OUR CUSTOMERS .

Intelligent SME . tech

65