Tag "Lloyds Bank"

Moneyhub Kicks Off Fundraise With £40M From Legal & General, Lloyds Bank
Funding London Open Banking

Moneyhub Kicks Off Fundraise With £40M From Legal & General, Lloyds Bank

Open finance platform Moneyhub has secured an initial £35 million in its latest funding round led by asset manager Legal & General and Lloyds Banking Group, with an additional £5 million debt facility provided by Shawbrook Bank. The investment will

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UK’s First Digital Promissory Note Transaction
London Payments

UK’s First Digital Promissory Note Transaction

Lloyds Bank has completed the UK’s first transaction utilising a digital promissory note (DPN) purchase. This landmark transaction dramatically increases speed of payment and paves the way for a significant increase in the use of promissory notes for a broad

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