OakNorth

The next-generation credit platform that's redefining lending to lower mid-market businesses globally

OakNorth

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 £4bn to SMEs since its launch in 2015 profitably and with over £650m 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.

 

Year Established

2015

Number Of Employees

130

Headquarters

OakNorth, 57 Broadwick Street , 57 Broadwick Street , London , London , W1F 9QS , United Kingdom

Email

press@oaknorth.com

Website

https://www.oaknorth.com

London Midlands South England North England

After partnering for nine months, NIBC Bank and OakNorth sign five-year commercial agreement
Given the success of the pilot implementation, the Dutch bank and the next-generation credit platform have now signed a five-year commercial agreement

OakNorth, the next-generation credit platform, has today announced the signing of a comprehensive five-year commercial agreement with NIBC Bank N.V., the Dutch bank that offers corporate and retail banking products and services.

With over 15 year’s C-suite experience in London and San Francisco, Jackson will be in charge of OakNorth’s architecture and product program, as well as its product and engineering teams;

OakNorth, the next-generation credit platform, has today announced the appointment of Jackson Hull as its Chief Technology Officer (CTO) and Chief Operating Officer (COO).

He joins OakNorth at a critical stage in its growth journey, as the platform continues to expand its global footprint with clients in the US, Europe and Asia

OakNorth has today announced the appointment of Sunil Chandra as CEO of its next-generation credit platform to lead the growth of the business with co-founders Rishi Khosla and Joel Perlman.

Content provided by OakNorth

News

SoftBank-backed lender OakNorth doubles staff, inks deal with NIBC Bank
Big Data
October 21, 2019

SoftBank-backed lender OakNorth doubles staff, inks deal with NIBC Bank

British financial technology firm OakNorth has signed a five-year deal to provide its credit analysi...

OakNorth appoints Google exec Sunil Chandra CEO, platform business
Technology
October 07, 2019

OakNorth appoints Google exec Sunil Chandra CEO, platform business

OakNorth has today announced the appointment of Sunil Chandra as CEO of its next-generation credit p...

OakNorth hires new CTO and COO
Technology
August 05, 2019

OakNorth hires new CTO and COO

At OakNorth, Hull will be responsible for all application delivery, including application enhancemen...

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