Thursday, November 7, 2024
21.1 C
New York

Lloyds Banking Group customers can now lease a car via mobile app

Lloyds Banking Group has introduced a new feature that enables customers of Lloyds Bank, Halifax, and Bank of Scotland to lease a car through their mobile banking apps. This offering is made possible in partnership with Lex Autolease, a specialist brand, and provides customers with various car options, including electric and hybrid vehicles.

Facts

  • Lloyds Banking Group now offers car leasing via its mobile app in collaboration with Lex Autolease.
  • Customers can use the mobile app to research, review, and select leasing options based on their budget and preferences.
  • The app allows customers to check their financial eligibility before finalizing a car leasing contract.
  • There are over 4,000 car models available for lease, including 16% electric vehicles and 27% hybrid vehicles.
  • Lloyds Banking Group claims to be the first UK bank to provide such a car leasing offering via a mobile app.
  • The service is accessible to 11 million personal current account customers.
  • The initiative aligns with Lloyds Banking Group’s sustainability commitments by offering a wide range of lower emissions vehicles, promoting accessibility and affordability of eco-friendly transportation options.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

FE Fundinfo Acquires Matterhorn to Enhance AIFMD Reporting Services

FE Fundinfo has acquired Matterhorn Reporting Services to...

Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia

UK-based regtech Konsentus has been selected by the...

Monument Technology Appoints New CTO and CCO to Strengthen BPaaS Offerings

Monument Technology, a UK-based provider of Banking-Platform-as-a-Service (BPaaS)...

AI co-pilot solution Reflexivity raises $30m Series B led by Greycroft and IBKR

Funding Round: Reflexivity raised $30 million in a...

Related Articles

Popular Categories

spot_imgspot_img