From Yahoo Finance: 2025-06-02 08:20:00

UK-based challenger bank Allica has chosen Lendscape’s commercial lending platform to support its asset finance operations, aiming to scale offerings for SMEs and fintech clients. The API-first platform will enable rapid integration, market response, and product innovation. Allica’s officials praise Lendscape’s transparency, technological foundations, and alignment in ambitions.

Lendscape’s long-term investment in asset finance technology and commitment to improving SME finance align with Allica’s goals. Allica’s Chief Product and Strategy Officer Conrad Ford highlights Lendscape’s transparency and ability to meet growth and integration needs. The partnership is seen as a “perfect fit” to support Allica’s growth strategy.

Allica’s deputy CEO Niv Subramanian emphasizes the bank’s investment in digital infrastructure to deliver flexible business banking that seamlessly fits into its ecosystem. The decision to use Lendscape’s platform follows a successful sandbox trial, showcasing strong demand for improved business banking services.

Read more: Allica selects Lendscape as core platform for asset finance business