Our purpose and strategy
Our purpose is Helping Britain Prosper.
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Who we are
- About the Group
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What we do
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Social housingChampioning social housing
Social housing is an integral part of the UK’s housing landscape.
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Brands
![A selection of Lloyds Banking Group brands]()
Our brandsOur brands
Lloyds Banking Group incorporates many household names.
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Environmental sustainability
![Building a sustainable and inclusive future]()
Download the report PDF, 14MB (opens in a new tab)Sustainability Report 2023
This report provides an update on our progress towards the Group's sustainability ambitions.
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Social sustainability
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Our partnershipCrisis
In 2023 we partnered with Crisis.
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Heritage
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Read the articleWho was Flora Murray?
As with all necessary struggles it’s often the actions of brilliant and tenacious individuals that create lasting change.
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Downloads
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Investors
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Annual report
![Helping Britain Prosper]()
Download the report PDF, 15MB (opens in new tab)Annual report
Disclosures relating to our strategic, financial, operational, environmental and social performance.
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Investor news
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Financial calendar Financial calendarFinancial calendar
See all the key dates in the financial year.
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Shareholder information
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Our investment caseWhy invest in Lloyds Banking Group?
Higher, more sustainable returns as we continue to Help Britain Prosper.
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ESG information
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Annual report
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News & insights
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Insights
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Read the articleA-Z: From Anxiety to Zero Way Out
It's the alphabet that no child should have to learn.
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Group news
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Insights
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Careers
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Roles and department
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Search for jobsTech and data roles
If you want to bring your knowledge and skills to a truly transformative, widescale digital environment, we’d love to hear from you.
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Culture and inclusion
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Read Xinyi's storyMusic and master data strategy
Xinyi is pioneering master data strategy at the Group alongside her part-time role as a concert pianist.
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Brands
![A selection of Lloyds Banking Group brands]()
Our brandsOur brands
Lloyds Banking Group is best known for its portfolio of financial services brands.
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Benefits
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Learn and develop
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About applying
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Early careers
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Search jobs
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Roles and department
- Search jobs
- Contact
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About the Group
About the Group collapsed
![]()
Purpose and strategyOur purpose and strategy
Our purpose is Helping Britain Prosper.
-
What we do
What we do collapsed
![]()
Social housingChampioning social housing
Social housing is an integral part of the UK’s housing landscape.
-
Brands
Brands collapsed
![A selection of Lloyds Banking Group brands]()
Our brandsOur brands
Lloyds Banking Group incorporates many household names.
-
Environmental sustainability
Environmental sustainability collapsed
![Building a sustainable and inclusive future]()
Download the report PDF, 14MB (opens in a new tab)Sustainability Report 2023
This report provides an update on our progress towards the Group's sustainability ambitions.
-
Social sustainability
Social sustainability collapsed
![]()
Our partnershipCrisis
In 2023 we partnered with Crisis.
-
Heritage
Heritage collapsed
![]()
Read the articleWho was Flora Murray?
As with all necessary struggles it’s often the actions of brilliant and tenacious individuals that create lasting change.
- Downloads
-
Annual report
Annual report collapsed
![Helping Britain Prosper]()
Download the report PDF, 15MB (opens in new tab)Annual report
Disclosures relating to our strategic, financial, operational, environmental and social performance.
-
Investor news
Investor news collapsed
![]()
Financial calendar Financial calendarFinancial calendar
See all the key dates in the financial year.
-
Shareholder information
Shareholder information collapsed
![]()
Our investment caseWhy invest in Lloyds Banking Group?
Higher, more sustainable returns as we continue to Help Britain Prosper.
- ESG information
-
Insights
Insights collapsed
![]()
Read the articleA-Z: From Anxiety to Zero Way Out
It's the alphabet that no child should have to learn.
- Group news
-
Roles and department
Roles and department collapsed
![]()
Search for jobsTech and data roles
If you want to bring your knowledge and skills to a truly transformative, widescale digital environment, we’d love to hear from you.
-
Culture and inclusion
Culture and inclusion collapsed
![]()
Read Xinyi's storyMusic and master data strategy
Xinyi is pioneering master data strategy at the Group alongside her part-time role as a concert pianist.
-
Brands
Brands collapsed
![A selection of Lloyds Banking Group brands]()
Our brandsOur brands
Lloyds Banking Group is best known for its portfolio of financial services brands.
- Benefits
- Learn and develop
- About applying
- Early careers
- Search jobs
Fintech investment
The fintech ecosystem is one of the most exciting and dynamic industries in the UK. Our Fintech Investment team is helping to bring the benefits that these innovative companies provide to the Group and our customers and clients, while supporting the sector to grow.
Why fintech investments?
Fintech (financial technology) is revolutionising the ways we think about and interact with our money. Recent years have seen the arrival of contactless payments, blockchain and Open Banking. With over 2,500 fintech companies in the UK, the industry is a real success story for British business.
An important part of the Group’s strategy is to target investments in companies and technologies that create value. We want to harness the dynamism and creativity in the sector, and bring it into what we do every day to support our customers and clients.
Our approach
We want to build the bridge between the needs of our business and personal customers, and the fintech community. Our team looks to take minority equity stakes in early-stage fintechs – from Seed to Series B – to help accelerate the Group’s pace of change, and help us look further forward than we have before. This represents a cultural step-change for the Group, as we look to emulate the speed and energy of the fintech sector.
Our latest investments
Aveni
Aveni is developing FinLLM, an industry-aligned Large Language Model, aiming to set the standard for the transparent, responsible and ethical adoption of Generative AI across UK financial services. This investment will allow Aveni to grow its specialist AI team, while enhancing its existing compliance and productivity solutions – Aveni Detect and Aveni Assist.
Coadjute
The Coadjute network uses distributed ledger technology and is designed to sit behind the front-end systems businesses already use, securely linking all parties together. The platform works by connecting existing property software systems across the house buying journey.
Enigio
Enigio is a tech company offering solutions to ensure consistency, integrity, traceability, and possession of digital information making data available only to those who should have access to it while protecting it from manipulation. Freely transferable digital original documents is at the core of what Enigio does and their bespoke trace:original solution.
CoBa
CoBa is transforming the way businesses and banks collaborate. A cloud hosted platform through which information and services are shared. CoBa works with banks, enabling them to provide the best suited products to clients, supported with real-time information. CoBa is an eco-system that brings businesses and banks together.
Fennech
Fennech uses AI, machine learning and business rules with cloud-based technology, to automate businesses’ finance, treasury and payments processes in real-time. Its autonomous platform acts as a bridge between businesses and the banking industry, giving customers access to a single, seamless platform that automates and manage their accounts, payments, funding, and liquidity across numerous banking partners.
Yoti
Yoti is a digital identity technology company that makes it safer and easier for people to prove who they are, verifying identities and trusted credentials online and in-person. We are thrilled to support Yoti in developing and growing digital identity solutions. This investment represents another step forward in our plans to strengthen the UK's crucial ecosystem and is a crucial part of how we help Britain prosper.
Our existing fintech investments
Ocula technologies
Ocula technologies' team of digital and data science experts are driving change at leading brands. And its platform has been built to level the playing field and overcome the barriers that exists to delivering the key insights that business owners need.
Caura
Caura brings all driving related payments together into one place, to simplify car admin for UK drivers. This significant investment will be used to develop new features for iOS and Android apps. This is our third fintech investment as part of the Group’s latest strategy and led by the new fintech investment team.
Acin
Our investment in Acin, a leader in risk and control management, demonstrates our commitment through our new Fintech investment team to invest in companies that will enhance the Group’s data and technology capabilities. Working together, we will be able to use the Acin platform to benchmark our control frameworks and deliver greater data-led risk management across the Group.
Moneyhub
The first investment by our Fintech Investment team, this deal saw us take a minority stake in Moneyhub, a market leading open finance, open data, and payments platform.
ThoughtMachine
ThoughtMachine has been developing innovative banking technology with the potential to bring significant improvements to our customers.
Satago
Satago powers first end-to-end digital Single Invoice Finance and Whole-Book Invoice Factoring solution on a single platform offered by a UK bank.
Bink
Bink’s technology links a customer’s payment cards to participating retailers’ loyalty and customer engagement programmes.
Form3
Form3 is a leading payment technology fintech that focuses on simplifying payments architecture capabilities, in a faster and more efficient manner.
Fnality
Fnality International offers a digital cash system that utilises blockchain technology to pay financial transactions.
Working with us
We’re constantly on the look-out for new and exciting investment opportunities or partnerships that can deliver substantive change for our business and our customers. If you’re interested in investment, please email us. Or if you’re interested in partnership opportunities, find out more about how we work with fintechs.
Meet the team
News and insight
19 January 2023
7 min read
What's next for fintech in 2023?
Find out what Kirsty Rutter, the Group Strategic Investment Director thinks will be the top fintech trends in 2023, and what organisations should prioritise.
06 June 2022
4 min read
Working together with fintech SMEs
We started our Launch Innovation Programme alongside Fintech Scotland to work in partnership with, and learn from, some of the best fintech SMEs in the country.