Latest News

Catch up on our latest news and press releases.

Q1 2021 Update

22 APR 2021

Highlights

LHV Group commit to investing £4.45m in Series A raise
We are confident we will close the Series A raise imminently with over 90% commitments received
Bridge round oversubscribed at £3m and being extended to the end of…
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Why is the market for committed SME finance underserved?

14 MAY 2021

Why is the market for committed SME finance underserved? What's caused this issue? Why does it remain an issue today? What would money to these SMEs do - what impact would it have?

We've strengthened our team with five new hires

14 MAY 2021

We're delighted to announce that we have further strengthened our team with five important hires in our finance and risk teams. David Travis joins as Company Secretary and General Counsel, Andrea Harrison has been appointed Head of Financial Reporting and Control, Simon Nicholson joins as Risk and Compliance Manager, Faye Comerford joins as…

We've added to our Bridge Round with an overfunded raise

5 MAY 2021

We announced an extension to our Bridge Round fundraising a few days ago and we're delighted to announce that it has so far raised more than £560,000, exceeding the £500,000 target. We will use the investment to further extend cash runway as the business continues to make strong progress with the Prudential Regulatory Authority (PRA) and…

Importance of the B-North Team

4 MAY 2021

As in any business, the quality of the team is an essential ingredient to success. In B-North this is magnified by the fact that we are on such a unique journey – it takes a very special blend of skills to build a bank from scratch. Every individual brings their own unique contribution and it’s fair to say we would not have delivered such a…