The British fintechs B-North, DIEM, Encompass and Lumio are raising funds

More funding for UK fintechs

A round-up of recent investments by UK fintech startups.

B-North (Bank North), an emerging bank for SMEs based in Manchester, will receive a £ 4.5m investment from LHV Group once it has obtained its banking license from UK regulators.

The commitment was made as part of B-North’s Series A fundraiser. The bank challenger must secure £ 20million in capital before receiving the banking license.

Founded in 2018, …

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