TCV led a £100m Series C round in ­­Allica Bank.

TCV, a provider of capital to multi-stage companies in the technology industry, led a £100m Series C round in ­­Allica Bank, a fintech SME challenger bank, with participation from Warwick Capital Partners and Atalaya Capital Management. “It’s a massive vote of confidence in the team we’ve built at Allica to attract backing from such a world-class technology investor under the toughest of market conditions, and this £100m funding round will enable us to support far more of Britain’s established and growth companies, who have been underserved for too long,” Richard Davies, Allica Bank CEO.