Summer 2026
Human Resources Intern
LHV Bank
201-500 employees
Estonian bank expanding UK SME lending
No salary listed
London, UK
In Person
On-site internship at 1 Angel Court, London EC2R 7HJ; no remote option stated.
 People & HR (1) |
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- Penultimate or final year students studying Human Resources, Business Management, Psychology, Organisational Behaviour, Data Analytics, or Business Analytics.
- Strong research and analytical skills.
- Confidence working with Excel, PowerPoint, or similar tools.
- Interest in AI tools and their application in business processes.
- Ability to structure information clearly and draw practical conclusions.
- Explore how AI can improve HR processes such as recruitment, onboarding, employee engagement, and HR data analysis.
- Research practical AI tools and approaches relevant to HR teams.
- Analyse current workflows and identify opportunities for greater efficiency and better decision-making.
- Support a defined project area such as AI in recruitment, chatbot support, HR analytics, employee engagement, or AI-enabled learning and development.
- Compare manual versus AI-supported approaches where appropriate.
- Prepare recommendations for safe and practical implementation.
- Present findings, recommendations, and any prototype work at the end of the internship.
- Prior exposure to HR, recruitment, people operations, or organisational projects.
- Familiarity with AI tools, dashboards, chatbots, or workflow tools.
- Interest in responsible AI, bias, privacy, and governance considerations.
- Experience with presentations, reporting, or case-study style work.
LHV Bank is part of LHV Group, the largest domestic financial group in Estonia, offering banking, asset management, and insurance through its four business lines. It obtained a UK banking license and is expanding into SME lending and retail banking, serving a broad customer base with app-based products. It operates by digital banking apps for deposits, payments, savings, and lending, and processes millions of payments each year. Its goal is to grow its Estonian and UK footprint and deepen access to capital and financial services for households and small businesses.
Company Size
201-500
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$52.8M
Headquarters
London, United Kingdom
Founded
1999
Simplify's Take
What believers are saying
- Deposits doubled 99% and loans grew 136% in 2025, reaching £5M profit after tax.
- £252B UK non-interest current account market opportunity with 64% consumer support for regulation.
- Hargreaves Lansdown partnership and high-yield savings (4.65% AER) drive retail deposit growth.
What critics are saying
- PRA capital requirements force dilution or lending slowdown on £69M SME portfolio.
- Starling Bank undercuts 3.25% AER current account, eroding retail customer acquisition.
- Coinbase reduces LHV reliance as primary European banking partner, slashing payment processing revenue.
What makes LHV Bank unique
- UK's first current account since 2021 tracking Bank of England base rate minus 1%.
- App-only banking model with 47.7M payments processed in 2023, zero legacy systems.
- Integrated Estonian-UK dual banking platform serving fintechs, SMEs, and retail savers.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
Paid Vacation
Paid Sick Leave
Paid Holidays
Hybrid Work Options
Stock Options
Company Equity
401(k) Retirement Plan
401(k) Company Match
Performance Bonus
Profit Sharing
Employee Stock Purchase Plan
Relocation Assistance
Employee Referral Bonus
Student Loan Assistance
Parental Leave
Family Planning Benefits
Fertility Treatment Support
Adoption Assistance
Childcare Support
Elder Care Support
Pet Insurance
Bereavement Leave
Professional Development Budget
Conference Attendance Budget
Training Programs
Tuition Reimbursement
Professional Certification Support
Mentorship Program
Wellness Program
Mental Health Support
Gym Membership
Commuter Benefits
Meal Benefits
Phone/Internet Stipend
Home Office Stipend
Legal Services
Employee Discounts
Company Social Events
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 0%2 year growth
↑ 0%LHV Bank, a fully licensed UK bank, today launches its new fee-free current account with market leading 3.25% AER on all balances up to £1 million, tracking the Bank of England Base Rate minus 1%.Today’s launch provides a new alternative for the UK public and takes aim at the £252bn of deposits* held in non-interest-bearing bank accounts in the UK. By contrast, LHV Bank customers’ money is always at work, earning a market leading rate of interest from the moment it goes into their current account.New research from LHV Bank and Opinium – surveying 2,000 UK adults – reveals the scale of Britain’s 0% interest current account challenge. Less than a third (30%) of Britons report collecting interest on their most used current account, whilst two in three (64%) believe banks should be responsible for warning them if their current account is not earning interest. Two fifths of respondents (41%) would support Government legislation to ban 0% interest rate current accounts altogether.**LHV Bank aims to be the best place to save money and, alongside the new current account, offers a range of competitive fixed rate savings bonds with further savings products planned. It secured its full UK banking licence in 2023 and is now doubling down on its commitment to the UK market, where it sees significant opportunities for innovation and disruption.The launch of LHV Bank’s current account offer is accompanied by an advertising campaign aimed at ‘Reckless Savers’. The campaign goal is to encourage UK consumers to switch banks to earn interest on their current account balance, in turn pushing the banking industry to better by its customers and offer current account interest as standard
In the latest episode of The Fintech Show, Rivo Uibo from Tuum, Gabriel Viera from Zenus Bank, and Daniel Rowlands from LHV Bank discuss the evolution of Banking-as-a-Service (BaaS), and the revenue generating possibilities it presents.As the space matures, priorities are changing. Seamless onboarding is one major goal but compliance is also key.Watch the episode to find out about:Open APIs are presenting very real opportunities to scale.How Zenus Bank are enabling LATAM super apps to offer U.S. banking services.The challenges facing Open Banking growth?The Evolution of Banking-as-a-Service (BaaS)The BaaS market has matured. For one, it is growing. It was valued at $15.9 billion in 2023 and is expected to expand to $64.7 billion by 2032. Commenting on the demand for this technology, Tuum co-founder Uibo suggests that banks are now under pressure to stay relevant in an increasingly competitive landscape, seeking new revenue streams while leveraging their existing infrastructure.Initially, many BaaS providers targeted fintechs with relatively simple offerings but as the market evolves, compliance and economic viability have become critical focus areas
Following its authorisation as a credit institution by the Prudential Regulation Authority in May 2023, LHV Bank has grown significantly. It has reported a profit after tax of £6.4 million in its first year of operation as a licensed bank, providing solid foundations for ambitious development plans in 2024.Erki Kilu, CEO, LHV Bank said: “With a clear focus on customers with an entrepreneurial spirit, we have built products and services that are simple and transparent, underpinned by market-leading tech and excellent customer service. The relevance of our services is demonstrated in the results achieved in 2023 which now set us on a strong path for further growth in 2024.”LHV Bank’s Banking Services business has built a strong customer base which saw 2023 payment volumes increase to a record volume, processing 47.7 million payments by year end. Building on this success, at the start of 2023 LHV Bank broadened its offering to encompass SME lending and later in the year launched its personal savings accounts.By year end LHV Bank’s SME loans business in the UK had built a £69 million lending portfolio, supporting commercial real estate investment entities and trading SMEs. The banking licence received in 2023 enabled LHV Bank to launch its first personal savings offering in September on the Raisin platform, followed by the Flagstone platform in December. Deposits with LHV Bank were at £207 million at the end of the year.Other key developments in 2023 included the business transfer from UK branch, to its newly licenced entity
LHV Bank, one of the UK’s newest licenced banks, has increased its share capital by £20.9m to support its growth ambitions. Following the additional capital investment by the Bank’s sole shareholder, LHV Group, completed in the last week, the share capital of LHV Bank is £75m.In the last year, LHV Bank transferred its Banking Services business from its UK branch to the licenced bank. The capital needs were, therefore, also transferred to the Bank. As the business volumes of both its Banking Services and SME Lending operations increase rapidly, the already profitable Bank still needs additional capital to ensure its capital adequacy remains high.Erki Kilu, CEO, LHV Bank said: “The additional capital from our sole shareholder will give the lending brokers with whom we work continued confidence that they can rely on us as a long-term partner. It will also enable us to strengthen the retail bank offering planned to launch later this year.”LHV Group is listed on the Nasdaq Baltic and is the largest domestic financial group in Estonia. LHV Group’s strong financial standing is underlined by its earned net profit of £120m and 29% net ROE in the last year
Personal Savings products from LHV Bank, one of the UK’s newest licenced banks, are now available on the Hargreaves Lansdown Active Savings platform giving savers more choice. The UK’s number one platform for private investors, the Hargreaves Lansdown Active Savings platform gives savers access to a wide range of easy access and fixed rate products offering competitive interest rates. The addition of the LHV Bank personal savings products – which offer consistently good value interest rates – widens the choice for savers, all through one online account.“With interest rates for savings likely to start falling as inflation drops, savers want to find good value account options,” explained Erki Kilu, CEO of LHV Bank. “Through this new partnership with Hargreaves Lansdown we are providing more savers with access to the competitive range of LHV Bank personal savings products, delivered through a superior digital experience. As we continue to build our personal savings portfolio, this is an important partnership.”Mark Hicks, Head of Active Savings at Hargreaves Lansdown added: “We are committed to keeping our customers at the heart of all we do, breaking down barriers and enabling clients to make it easier to manage their savings and investments, all in one place. Providing customers with easy access to a wide range of excellent savings accounts is vital to this mission, helping us to become the main Hub for people in the UK to manage their savings