Lloyds Pursues Startups for ‘Launch Innovation’ Program
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Lloyds Pursues Startups for ‘Launch Innovation’ Program

Lloyds Banking Group is now accepting applications for this year’s ‘Launch Innovation’ programme, aimed at finding potential business partnerships.

The bank is seeking ambitious companies and individuals from various sectors, including finance, travel, technology, health, and more, to participate in the 12-week programme. Participants will collaborate with a dedicated launch team to conduct experiments and address strategic challenges. At the programme’s conclusion, some participants may have the opportunity to execute a commercial proof-of-concept with Lloyds, paving the way for possible future collaborations.

In previous iterations, startups like Doshi, which developed a gamified financial education platform, and the payments app Caura, which secured a £4 million investment, have successfully partnered with Lloyds.

Tamara van den Ban, customer propositions director at Lloyds Banking Group, stated, “Our ambition is to innovate at pace, and we believe that collaboration is key to delivering exceptional services and enhancing our capabilities for customers. We’re excited to see the innovative ideas that this year’s Launch Innovation programme will bring!”

Applications are open until 25 April. Apply here.