About LHV Bank
LHV Bank is a company based in London (United Kingdom) founded in 1999 by Rain Lohmus and Andres Viisemann. It operates as a Subscription Services. LHV Bank has raised $37.5 million across 1 funding round. LHV Bank offers products and services including Current Account, Savings Account, Debit Cards, and LHV App.
- Headquarter London, United Kingdom
- Founders Rain Lohmus, Andres Viisemann
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Lhv Bank Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$37.5 M (USD)
in 1 rounds
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Latest Funding Round
$37.5 M (USD), Series C
Jun 07, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of LHV Bank
LHV Bank offers a comprehensive portfolio of products and services, including Current Account, Savings Account, Debit Cards, and LHV App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Current accounts are offered with competitive interest rates.
Fixed Rate Bonds are provided for long-term savings.
Debit cards are designed for fee-free travel spending.
Mobile app is provided for easy account management.
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Funding Insights of LHV Bank
LHV Bank has successfully raised a total of $37.5M through 1 strategic funding round. The most recent funding activity was a Series C round of $37.5 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $37.5M
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First Round
First Round
(07 Jun 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series C - LHV Bank | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by LHV Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LHV Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lhv Bank Comparisons
Competitors of LHV Bank
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about LHV Bank
When was LHV Bank founded?
LHV Bank was founded in 1999 and raised its 1st funding round 23 years after it was founded.
Where is LHV Bank located?
LHV Bank is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of LHV Bank?
Erki Kilu is the current CEO of LHV Bank.
Is LHV Bank a funded company?
LHV Bank is a funded company, having raised a total of $37.5M across 1 funding round to date. The company's 1st funding round was a Series C of $37.5M, raised on Jun 07, 2022.
What does LHV Bank do?
LHV Bank is focused on offering retail banking solutions including current accounts, savings accounts with fixed rate bonds, and debit cards tailored for travel. The bank operates primarily in the financial services sector, providing digital banking access through the LHV App for secure and convenient account management. Deposits are protected under the Financial Services Compensation Scheme up to a specified limit.
What products or services does LHV Bank offer?
LHV Bank offers Current Account, Savings Account, Debit Cards, and LHV App.
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