Latest Lloyds Banking Group News: Finextra Research

Lloyds invests £10 million in digital ID firm Yoti

Lloyds Banking Group has invested £10 million in digital identity company Yoti, marking its second fintech investment of 2023.

09 March 2023

/cloud

Financial Cloud Summit 2023: ChatGPT says banks should be multi-cloud

Cloud migration is a major part of the financial industry today; traditional banks and emerging fintechs are in process of transitioning online to cloud services to become scalable, agile, and operate at a higher level.

02 March 2023

/payments

Lloyds invests £4m in driving payments app Caura

Lloyds Banking Group has invested £4 million in Caura, a motoring app that brings together all driving-related payments together in one place.

26 January 2023

/retail

LendInvest secures funding from Lloyds to enter retail mortgage market

The asset management platform for property finance, LendInvest, has announced further backing from Lloyds Bank, to enter the UK's £1.2 trillion homeowner mortgage market.

17 January 2023

/regulation

Top banks back $24 million round in operational risk fintech Acin

A consortium of top US, European and UK banks have backed a $24 million Series B round in operational risk network Acin.

16 December 2022

/people

Lloyds hires ING chief technology officer Ron van Kemenade as COO

Lloyds Banking Group is to install ING technology chief Ron van Kemenade as its new chief operating officer.

15 December 2022

/devops

Starling and Lloyds join Code First Girls

The banking and financial services sector is the industry most keen to attract female coders into their workforce, data reveals today, as Starling Bank and Lloyds Banking Group become the latest major finance companies to actively search for female tech talent with Code First Girls - the largest provider of free coding courses for women in the UK.

13 December 2022

/markets

Lloyds PE arm invests in Etrading Software

Lloyds Banking Group's private equity arm, LDC, has made a "significant" investment in capital markets technology outfit Etrading Software.

12 December 2022

/people

Banks develop IT talent toolkit and framework

NatWest, in tandem with the Financial Services Skills Commission and other banks, has developed a framework to tackle the IT talent gap hitting UK banks.

23 November 2022

/payments

Lloyds trials personalised monthly limits on gambling spend

Lloyds Bank is trialling a feature which enables customers to set a limit on how much they can spend each month on gambling using their debit card.

21 November 2022

/retail

Legal & General and Lloyds Banking Group lead £35 million investment in Moneyhub

UK open finance and data platform Moneyhub has secured an initial £35m in funding from high profile backers Legal & General and Lloyds Banking Group, with an additional £5m debt facility provided by Shawbrook.

24 October 2022

/startups

Lloyds launches fintech sandbox with NayaOne

UK high street bank Lloyds has stepped up its efforts to engage with fintechs with the release of its Innovation Sandbox supported by NayaOne.

19 October 2022

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