Bank North sells lending business to LHV UK as it winds down operations
LHV UK’s parent, Estonian banking group LHV, is also an investor in Bank North.
LHV UK’s parent, Estonian banking group LHV, is also an investor in Bank North.
The bank failed to raise the funds needed for a full banking licence.
The SME focused start-up aims to raise £1 million ahead of its Series B funding round.
The supplier’s AgileReporter platform forms part of the UK regional bank’s tech stack.
Bank North aims to support businesses through its cloud banking technology.