LHV Bank - News, Articles & Research

LHV UK to buy SME lending business of Bank North

LHV UK is to buy the SME lending business of Manchester-based Bank North, which is winding down its operations after failing to fully capitalise the bank.

11 October 2022

Company announcement/payments

Seedrs taps Form3 and LHV UK to bolster payments offering

Seedrs, the leading private investment platform with over £1.9BN investments to date, has chosen Form3, the leading cloud-native payment technology provider, and LHV UK, a banking services provider to over 200 fintech companies, to enable it to access UK Faster Payments and SEPA Instant Payments in Europe, to augment its customer offering.

06 July 2022

Company announcement/people

LHV UK appoints Sally Veitch to board

LHV UK Limited (‘LHV UK’ or the ‘Company), a leading banking services provider to over 200 fintech and crypto companies, is pleased to announce that Sally Veitch has been appointed to its board of directors as an Independent Non-Executive Director (‘NED’) from 1 July 2022.

16 June 2022

Company announcement/security

LHV UK launches Confirmation of Payee to tackle APP fraud

LHV UK (or the ‘Company), a leading banking services provider to over 200 fintech and crypto companies, is pleased to announce its Confirmation of Payee (‘CoP’) service is now live for all its direct clients.

13 June 2022

News/regulation

LHV UK secures €35 million to fund new UK bank

LHV UK has secured €35 million in funding to capitalise its new UK banking operation, which is currently pending approval from the Prudential Regulatory Authority.

07 June 2022

News/devops

LHV opens development hub in Leeds

Estonia's LHV Group, is to open a second UK office in Leeds to house the firm's engineering and development teams.

26 May 2022

News/startups

Estonia's LHV Group invests in core banking startup Tuum

Estonian financial services outfit LHV Group has invested €1 million in Tuum, its core banking platform provider.

29 April 2022

News/crime

Estonian AML pilot shows what’s possible when tackling FinCrime

An AML pilot which saw ten Estonian banks take part in a country-wide initiative to tackle financial crime has been lauded as a success by participating banks, preventing up to €3 million from reaching criminal-controlled accounts.

16 March 2022

Company announcement/retail

LHV UK selects Tuum as core banking provider

Tuum, the next-generation core banking platform, today announces that it has been selected by LHV UK, the fintech-focused bank and payment services provider, to provide the core infrastructure for the entirety of LHV UK’s banking operations.

02 March 2022

News/payments

LHV Bank applies for UK banking licence

Payment infrastructure provider LHV has applied for a UK banking licence application to separate business activities in Estonia and the UK.

25 February 2022

News/payments

UK’s Faster Payments quadruples transaction limit to £1 million

A Pay.UK spokesperson has confirmed that the Faster Payment System transaction limit has today increased from £250,000 to £1 million.

08 February 2022

Company announcement/retail

LHV UK joins forces with Tuum

LHV UK (‘LHV’ or the ’Company’), the financial and payment services provider for fintech companies, is pleased to announce a new partnership with Tuum, the leading modular core banking platform offering back-end systems which support transactional retail and business banking.

28 October 2021