Hydr vs Kriya (Allica Bank): UK Invoice Finance Comparison 2026
Both are UK fintech finance platforms. They differ on selective per-invoice versus whole-ledger funding, integration depth and how pricing scales with use. Hydr advances up to 100% per invoice with setup typically in same day to 1 working day; Kriya (Allica Bank) advances up to 100% per invoice with setup in 1 working day. Neither sets a minimum turnover. Read the side-by-side below, then jump to the "when X wins" sections.
Side-by-side
Full reviews: Hydr · Kriya (Allica Bank)
| Hydr | Kriya (Allica Bank) | |
|---|---|---|
| Product type | Single-invoice finance (digital, selective) | Single-invoice finance, embedded finance |
| Min turnover | No minimum | No minimum |
| Advance rate | Up to 100% per invoice | Up to 100% per invoice |
| Typical fee | Flat fee per invoice financed | 1% to 4% per invoice |
| Contract / commitment | Confidential discounting | Confidential discounting |
| Confidential available? | Yes | Yes |
| Factoring available? | No | No |
| Setup speed | Same day to 1 working day | 1 working day |
| Best for | Selective single-invoice finance; Smaller and early-stage businesses; Xero-driven workflows | Single-invoice selective need; Startup and micro-business; API-driven workflows |
| Last reviewed | 2026-05-27 | 2026-05-12 |
When Hydr wins
- Transparent flat fee per invoice, no whole-book contract.
- Same-day digital onboarding.
- Integrates with Xero and other accounting platforms.
- No minimum turnover; finance invoices selectively.
Best for
Selective single-invoice finance, Smaller and early-stage businesses, Xero-driven workflows.
Watch outs
- Selective single-invoice model, not whole-ledger factoring.
- Per-invoice fees can add up for high-volume users.
- Newer, smaller funder than incumbents.
When Kriya (Allica Bank) wins
- Pay-per-invoice model, no whole-book commitment.
- Setup in 1 working day, fastest in market.
- API-first integrations with Xero, QuickBooks, Sage.
- Allica Bank backing post-acquisition Oct 2025.
Best for
Single-invoice selective need, Startup and micro-business, API-driven workflows.
Watch outs
- Cost-per-invoice can exceed whole-ledger facility for high-volume users.
- Not suitable for businesses wanting committed whole-book limit.
- Limited human relationship vs incumbent IF lenders.
FAQ
Hydr or Kriya (Allica Bank): which is the better fit for UK invoice finance in 2026?
Hydr is the stronger fit for selective single-invoice finance (no minimum turnover, setup same day to 1 working day); Kriya (Allica Bank) fits single-invoice selective need better (no minimum turnover, setup 1 working day). The "when X wins" sections above break this down by profile.
What are the headline commercials, Hydr vs Kriya (Allica Bank)?
Hydr advances up to 100% per invoice at flat fee per invoice financed. Kriya (Allica Bank) advances up to 100% per invoice at 1% to 4% per invoice. Neither sets a minimum turnover. Setup runs same day to 1 working day for Hydr and 1 working day for Kriya (Allica Bank). Bespoke pricing is common above £1m ledger so verify before signing.
Can I get a confidential facility with either Hydr or Kriya (Allica Bank)?
Hydr offers confidential invoice discounting (your customers are not notified). Kriya (Allica Bank) offers confidential invoice discounting (your customers are not notified).
Where does each one struggle?
Hydr is the wrong fit for high-volume whole-ledger users. Kriya (Allica Bank) is the wrong fit for high-volume whole-ledger users. If either describes your business, browse the side-by-side or get matched against the wider UK panel via our quote form.
Can Market Invoice help me choose between Hydr and Kriya (Allica Bank)?
Yes. marketinvoice.co.uk is an independent comparison and introducer service operated by Best Business Loans Ltd (company 16833937), and is not tied to either provider. Share your turnover, sector and debtor profile and we will match you against UK invoice finance providers likely to approve, with no obligation to proceed.
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Get quotes →Reviewed by Oliver Mackman, Director, Best Business Loans Ltd. Last reviewed: 2026-05-27. Editorial by Best Business Loans Ltd (16833937).
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Disclosure: marketinvoice.co.uk is an independent invoice finance comparison and introducer service operated by Best Business Loans Ltd (company number 16833937). It is a separate business and is not connected to MarketFinance / Kriya or to any provider named on this page. If you take out a facility after we introduce you to a lender or broker, we may be paid a commission or referral fee by that party; this is never added to your costs. Invoice finance for limited companies is not a regulated activity, so this comparison is general information rather than regulated financial advice. Figures are indicative and commonly negotiated above ~£1m ledger, so confirm terms directly with the provider before you sign.