L&G and Lloyds make £35m Moneyhub investment

Investment in platform aims to boost companies’ key strategic goals

Martin Richmond
clock • 2 min read
Moneyhub chief executive Samantha Seaton
Image:

Moneyhub chief executive Samantha Seaton

Legal & General (L&G) and Lloyds Banking Group have made a £35m investment in open finance platform Moneyhub, with an additional £5m debt facility provided by Shawbrook.

The investment is expected to provide the funding for the development of Moneyhub's financial solutions, which includes pensions, wealth, payments and affordability. The investments in the platf...

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