LHV UK, which provides banking services to FinTech companies, has opened a development hub in Leeds.
In Brief:
LHV UK which provides banking services to more than 200 FinTech companies in the UK, has opened a second office in Leeds.
It is currently pursuing a banking licence in the UK as the LHV Group plans to separate its retail and B2B operations.
The company has had a presence in Leeds since early 2022 and is set to fill 20 positions in total over the coming few months.
What does this mean?
LHV UK works with FinTechs including Monese, Wise and Coinbase. It aims to separate out its operations to simplify compliance and allow the business to focus on highlighting it proposition to new investors. This will mean staffing and technology developments in Leeds.
