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.