Taylor Wessing and HSF advise on Lloyds investment in cloud banking platform
Lloyds looks to cement UK fintech startup relationship with £11m investment
November 16, 2018 at 08:37 AM
2 minute read
Taylor Wessing and Herbert Smith Freehills (HSF) are advising on Lloyds Banking Group's £11m investment in UK banking software company Thought Machine.
Thought Machine offers alternative cloud-based platforms for banks' software systems and Lloyds will acquire a 10% stake in the company through its investment.
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