LHV UK Secures €35 Million to Fuel UK Banking License Application

LHV UK, a London-based bank service provider, has secured €35 million in funding through an oversubscribed rights issue

The funds will be used to capitalize on the new UK bank, which is a significant step in the banking license application process

LHV UK provides banking services to over 200 fintech companies, including Paysafe, Blockchain, Currencycloud, Coinbase, Trustly, Monese, and Wise.