Tagged: erki kilu

UK’s LHV Bank Launches Enhanced SME Lending System

LHV Bank, the UK’s newest licensed bank, has rolled out a new loan system for its SME Lending division, transitioning to the cloud-based banking system of its SaaS partner, Tuum. This move consolidates the bank’s architecture, “enhances resource allocation, and establishes a robust futureproof framework,… Read More

UK’s LHV Bank Expands into Personal Savings via New Partnership

LHV Bank, the UK’s newest licenced bank, announces a new partnership with the online savings platform Raisin UK. This move marks LHV Bank‘s first step into the personal savings market “ahead of the planned launch of its direct-to-consumer savings offering in 2024.” Erki Kilu, CEO… Read More

UK’s LHV Bank, a Banking Partner to Global Fintechs, Appoints Rachelle Frewer as Chief Financial Officer

LHV Bank, a provider of banking services to global fintechs and SME lending solutions to UK businesses, announces the appointment of Rachelle Frewer “as its incoming Chief Financial Officer.” Subject to regulatory approval, Rachelle will “start her position on 2 January 2024 and will also… Read More

UK’s LHV Bank Selected by Montonio for Enhancements to Digital Commerce Payments

LHV Bank, a banking services provider to Fintech companies, has been selected by Montonio, a “rapidly growing” e-commerce checkout solution provider, to enhance its merchant services. LHV Bank’s robust API-driven infrastructure “will serve as the backbone for Montonio’s enhanced customer experience.” With LHV Bank’s suite… Read More

UK’s LHV Bank Secures Banking License from Prudential Regulatory Authority

LHV Bank, a provider of Banking Services and SME Lending solutions, announces it has been authorized “as a credit institution by the Prudential Regulation Authority (PRA), becoming the first institution to receive a banking licence without restrictions in 2023.” This milestone achievement “allows LHV Bank… Read More

LHV UK Introduces Confirmation of Payee to Address APP Fraud

LHV UK, a banking services provider to more than 200 Fintech and crypto firms, is pleased to announce its Confirmation of Payee (CoP) service is currently live for all its direct clients. Introduced in July 2020, CoP is a fraud prevention system that’s led by… Read More

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