Latest News

Alba has received some great media coverage regarding the series A funding round in partnership with Seismic

Seismic Venture Partners have announced a £5million Series A funding round, open to private investors. The early-stage investment will facilitate challenger Alba Bank’s transition to second-stage operational status under a restricted license.

We are thrilled to add two new team members to the business as we continue to build our team ahead of launching as an SME-focused bank later this year. 

In this Alba insights article our Chief Compliance & Risk Officer, John Fisher, discusses how we plan to overcome the challenges of launching a challenger bank during this unprecedented climate for the global business community.

As we move closer to achieving our goal of securing a banking license with restrictions from the Regulator, we are beginning to tell our story to a wider audience and are delighted to feature last week in both The Herald and Scottish Financial News.

We are delighted to officially announce our partnership with leading banking software company, Temenos.  

Following the recent coronavirus outbreak, we continue to follow government advice and are working remotely.

We are thrilled to announce the recruitment of further exceptional talent as we continue on our journey of becoming a fully operational SME-focused bank by Q1 2021.

We are delighted to announce we have officially submitted our banking licence application, following our invitation from the Regulator in October 2019.