Allica Bank selects Lendscape to enhance asset finance operations

Challenger bank Allica has partnered with commercial lending technology provider Lendscape to power the next phase of its growth in business banking. The move is aimed at enhancing the bank’s asset finance capabilities as it continues its mission to transform banking for UK SMEs.

Allica Bank, known for its technology-driven approach to serving small and medium-sized businesses, has chosen Lendscape’s API-first platform as the core infrastructure behind its asset finance operations. The partnership promises increased scalability, deeper system integration, and the agility to respond to evolving market needs.

“Our growth shows just how strong the demand is for a better kind of business banking,” said Niv Subramanian, Deputy CEO at Allica Bank.

“We’ve invested heavily in our digital infrastructure so we can scale quickly and keep delivering the support SMEs need to thrive. That means using technology that’s flexible, intuitive, and fits seamlessly into our ecosystem, and Lendscape proved from day one that they could deliver all three.”

The Lendscape platform is designed to enable rapid innovation, offering banks the tools to adapt quickly while maintaining operational stability and compliance. The technology’s flexibility is a key component of Allica’s broader digital transformation strategy.

“We share Allica’s commitment to improving SME finance and making it easier for businesses to access the funding they need to grow,” said Steve Taplin, Chief Product Officer at Lendscape.

“As a company, we’ve made a long-term investment in asset finance technology and innovation – and we back it up with transparency, trust, and a deep understanding of the market.”

Lendscape provided Allica with early sandbox access to showcase the platform’s capabilities. According to Conrad Ford, Chief Product & Strategy Officer at Allica, the experience confirmed Lendscape’s ability to meet the bank’s high expectations.

“In our earliest conversations, they were upfront about where they were on the journey,” Ford said. “Since then, we’ve seen the strength of their technological foundations, the quality of the team, and the alignment in our ambitions.”

The partnership reflects a broader trend in business banking, where agility, customer focus, and digital-first solutions are becoming non-negotiable. For Allica, the collaboration supports its strategy to stay ahead of customer expectations while continuing to expand its footprint in the SME finance space.

“Working with Allica Bank has been a perfect fit; they’re bold, fast-moving, and customer-centric,” said Sunny Bhachu, Regional Commercial Director at Lendscape. “We’re proud to be part of their journey and excited to help them scale with confidence.”