About LHV UK
LHV UK is a full-service Banking Services provider, granting access to payments infrastructure to a variety of companies, from fintech unicorns and digital asset companies to established financial institutions with a global reach. We are the only provider capable allowing customers both instant GBP and EUR payments directly. We consider ourselves an innovative link between traditional banking and the new generation of financial services. We are a prime example of how open banking can work. We have rapidly become one of the largest Banking Services players. With help from LHV UK, our clients reach 500 million end-customers in the UK and Europe by making and collecting payments. LHV UK Banking Services are used by more than 180 international clients with more than 10 million end-customers. LHV UK is the founding member and leader in instant EUR payments, processing 8% of the total transactions in Europe. LHV UK offers several innovative financial services to its clients, including Agency Banking, Virtual International Bank Account Numbers (‘vIBAN’), instant GBP and EUR payments and Foreign Exchange API. We are soon to launch BACS and SEPA Direct Debit services. Until now, LHV UK has operated as a branch in the UK, but the business growth and strong demand for our services have paved the way for an ambitious plan to establish a standalone bank in the UK. LHV UK wants to be the market’s leading provider of banking infrastructure for the fintechs and other financial institutions, also expanding the existing product portfolio to serve SMEs and consumers. LHV UK is currently in the application process with the PRA.