Allica Bank completed the acquisition of Kriya.

Allica Bank, a fintech SME challenger bank, completed the acquisition of Kriya, a fintech platform. Financial terms were not disclosed. “Combining forces with Allica gives us the right platform to scale what we've built. We share the same DNA – a genuine commitment to reinventing SME finance and competing with the big banks who've walked away from the SME market," Anil Stocker, Kriya CEO.