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Analysis

March 10, 2026

Lloyds wants to be the UK’s biggest fintech. Are legacy banks ready to fight back?

European incumbents are feeling the pressure a decade into the fintech boom


Martin Coulter

4 min read

Lloyds is reportedly planning a tech overhaul to keep up with challengers like Monzo and Revolut.

Last week, reports emerged suggesting Lloyds Banking Group was aiming to reinvent itself as “the UK’s biggest fintech”. 

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Martin Coulter

Martin Coulter is Sifted's news editor, based in London. You can follow him on LinkedIn and X

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