The LHV Bank Story

How they Transformed into one of the UK's Most Advanced Digital Banks

LHV Bank & Tuum's Smart Migration Blueprint

A few years ago, LHV Bank was the relatively unknown bank behind the banks.
 
It was quietly, but impressively, providing the infrastructure to 200+ customer-facing fintechs, including Wise, Coinbase and Trustly.

Now, it's a full-service bank, running BaaS, Retail, SME Lending on a single core - using one platform to serve very different customer types.

And that platform is Tuum - which is now powering not only LHV Bank, but the 200+ sizable fintechs in its ecosystem.

A snapshot of what LHV Bank
& Tuum achieved:

  • Millions of customer accounts migrated with zero service disruption

  • FCA and PRA approval supported by a modern, resilient core

  • New retail and SME lending products launched in weeks, not months or years

  • 47.7 million payments processed in the first year as a UK bank

  • 75% of IT budget now focused on innovation, not maintenance

Download the case study to find out how they did it.
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“This is the most modern banking system to date, giving us a long-term technological advantage.”

Erki Kilu, CEO, LHV Bank