OakNorth

Overview

OakNorth is Europe’s fastest-growing fintech by assets, profits and revenue.

Our mission is to redefine lending to small-to-medium sized businesses using our next-generation credit platform.

The platform allows financial institutions to dramatically improve and accelerate their credit decisioning and monitoring capabilities, combining internal and third-party data to create a forward-looking, in-depth view of companies and deliver bespoke solutions that meet clients’ needs.

We have successfully used the platform to build a licensed bank in the UK – OakNorth Bank – which has lent over £3bn to SMEs since its launch in 2015 profitably and with over £600m of repayments. The bank also offers a range of savings products to individuals and businesses, as well as mortgages to business owners and people with a-typical sources of income. 

Since its inception in 2015, OakNorth has secured over $1bn from leading investors, including: Clermont Group, Coltrane, EDBI of Singapore, GIC, Indiabulls, NIBC, Toscafund, and SoftBank’s Vision Fund.