Allia has a solid track record in social investment, raising finance for social benefit since 1999.
Allia started in 1999 under the name Citylife, to raise money for employment initiatives through local campaigns in communities around the UK. We developed a charitable bond mechanism that allowed investors to make a low-risk ethical investment in social housing and donate the yield upfront in support of various charitable projects.
Ten years and £10 million of bond issues later, we decided to use our experience to help raise funds for a wider range of social ventures. We changed our name to Allia and created an online platform to provide a new way of donating to charity, through the Giving Bond.
To date we’ve raised around £20 million through these bonds, providing grants to a range of different charities. We will soon be launching two new programmes: the Capital Plus Bond and the Retail Charity Bond.