Kriya (Allica Bank) vs Swoop Funding: UK Invoice Finance Comparison 2026
Kriya (Allica Bank) edges this one in our 2026 UK review at 4.5 of 5 against 4.0 for Swoop Funding. Both are UK fintech invoice finance platforms. The difference is selective per-invoice vs whole-ledger, integration depth and how the pricing scales with usage. Kriya (Allica Bank) advances up to 100% per invoice with setup in 1 working day; Swoop Funding advances up to 90% (funder dependent) with setup in 3 to 10 working days. Swoop Funding still wins where owners comparing funding types matters more than the headline score. Read the side-by-side, then check the "when X wins" sections for the buyer-fit logic.
Side-by-side
| Kriya (Allica Bank) | Swoop Funding | |
|---|---|---|
| Cluster | fintech | fintech |
| Product type | Single-invoice finance, embedded finance | Funding marketplace (loans, grants, invoice finance) |
| Min turnover | No minimum | Varies by funder |
| Advance rate | Up to 100% per invoice | Up to 90% (funder dependent) |
| Typical fee | 1% to 4% per invoice | Funder rates via marketplace matching |
| Contract / commitment | Confidential discounting | Whole-ledger or selective |
| Confidential available? | Yes | Yes |
| Factoring available? | No | Yes |
| Setup speed | 1 working day | 3 to 10 working days |
| Best for | Single-invoice selective need; Startup and micro-business; API-driven workflows | Owners comparing funding types; Businesses also exploring grants or equity; Digital-first applicants |
| Overall rating | 4.5 / 5 | 4.0 / 5 |
| Last reviewed | 2026-05-12 | 2026-05-27 |
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.
When Swoop Funding wins
- Marketplace comparing invoice finance against loans, grants and equity.
- Wide funder panel and digital onboarding.
- Single profile reused across multiple funding types.
- Good for owners weighing several funding options.
Best for
Owners comparing funding types, Businesses also exploring grants or equity, Digital-first applicants.
Watch outs
- A marketplace and broker, not a direct lender.
- Final terms and speed depend on the matched funder.
- Breadth means less invoice-finance depth than a specialist.
FAQ
Kriya (Allica Bank) or Swoop Funding: which is the better UK invoice finance provider in 2026?
Kriya (Allica Bank) scores higher overall in our 2026 review at 4.5 of 5 versus 4.0 for Swoop Funding. That headline does not settle the answer though. Kriya (Allica Bank) is the stronger pick for single-invoice selective need; Swoop Funding is the stronger pick for owners comparing funding types. If your business fits one of those use cases, ignore the rating and pick the right fit.
What are the headline commercials, Kriya (Allica Bank) vs Swoop Funding?
Kriya (Allica Bank) advances up to 100% per invoice at 1% to 4% per invoice. Swoop Funding advances up to 90% (funder dependent) at funder rates via marketplace matching. Minimum turnover is No minimum for Kriya (Allica Bank) and Varies by funder for Swoop Funding. Setup runs 1 working day for Kriya (Allica Bank) and 3 to 10 working days for Swoop Funding. Bespoke pricing is common above £1m ledger so verify before signing.
Can I get a confidential facility with either Kriya (Allica Bank) or Swoop Funding?
Kriya (Allica Bank) offers confidential invoice discounting (your customers are not notified). Swoop Funding offers confidential invoice discounting. If your customer relationships make disclosure a non-starter, that determines the answer regardless of headline rate.
Where does each one struggle?
Kriya (Allica Bank) is the wrong fit for high-volume whole-ledger users. Swoop Funding is the wrong fit for direct-lender relationship seekers. 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 Kriya (Allica Bank) and Swoop Funding?
Yes. We are an independent UK invoice finance comparison operated by Best Business Loans Ltd (16833937). We are not tied to either provider. Tell us monthly turnover, sector, debtor profile and whether you need the facility confidential. We match you against the UK invoice finance providers most likely to approve at a competitive rate, then stay your editorial reference for life.
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Get quotes →Reviewed by Oliver Mackman, Director. Last reviewed: 2026-05-27. Editorial by Best Business Loans Ltd (16833937).