LHV
“Can a Baltic-heritage bank become the preferred banking infrastructure partner for European fintechs while simultaneously building a profitable UK retail deposit book?”
LHV Bank Limited is the UK banking arm of the Estonian LHV Group (AS LHV Pank). It entered the UK market as a B2B banking infrastructure provider — offering cloud-native payment rails, virtual accounts, and indirect scheme access to over 200 regulated fintech and financial institution clients. Simultaneously it built out a retail deposit franchise (savings and current accounts) to diversify its funding base. The dual strategy positions LHV as both a sponsor/settlement bank for fintechs and a consumer savings bank, bridging Baltic banking heritage with UK regulatory infrastructure.