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British neobank Allica Bank wants to enter the Swedish market
Business
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British neobank Allica Bank wants to enter the Swedish market

SAPO Notícias31 August 2026 at 15:31

Allica Bank, a British neobank, has applied for a banking licence in Sweden as part of its expansion plans for the Swedish market.

The bank has already hired an executive team in the country to prepare for its entry and local operations.

Allica Bank is a UK-based financial institution that operates as a digital bank.

This move comes in the context of several European digital banks seeking to expand into new Nordic markets in recent years.

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