AlbaCo

AlbaCo

Provide lending and savings facilities to SMEs through our strong, relationship based model.

HQ location
East Kilbride, United Kingdom
Launch date
Employees
Enterprise value
$33m
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-investor

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round
investor

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round
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£1.0m

Valuation: £25.0m

Early VC
Total Funding000k
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Alba is a forthcoming bank focused exclusively on lending to small and medium-sized enterprises (SMEs). Currently in the process of obtaining full regulatory approval, Alba aims to revolutionize SME banking by merging traditional relationship-driven banking models with cutting-edge technology platforms. The bank is led by a team of seasoned professionals with extensive experience in the banking sector, committed to helping SMEs grow and achieve their business aspirations. Alba's business model centers on providing specialized financial services and insights to SMEs, forming strong and lasting relationships with its clients. The bank plans to generate revenue through interest on loans and other financial services tailored to the needs of SMEs. Alba collaborates with leading fintech organizations to enhance its service offerings and ensure a seamless banking experience for its customers.

Keywords: SME lending, regulatory approval, relationship banking, technology platforms, financial services, business growth, fintech collaboration, UK market, experienced team, specialized expertise.

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