OakNorth expands in Manchester, to take on 60 staff

August 21, 2019 | SME Finance
Written by FinTech Alliance

Tags

OakNorth
OakNorth expands in Manchester, to take on 60 staff

British FinTech OakNorth has opened up a Manchester base.

In Brief:

  • This comes after news the firm has put together a dedicated team for SME lending in the north of England.

  • The new space is 3,200 sq ft, sufficient for 60 people.

  • So far, the FinTech has lent almost £4bn to date.

What does this mean?

Lending to SMEs key priority in UK at the moment, and OakNorth has continued to grow with little worry of defaults at a time of economic uncertainty for the nation.

Read more here. 

More in SME Finance

Banking Circle, Cardstream partner for SMB lending
SME Finance
November 22, 2019

Banking Circle, Cardstream partner for SMB lending

Banking Circle is collaborating with cardstream to create a lending tool for SMBs. In Brief:...

Santander snaps up major stake in UK FinTech Ebury
SME Finance
November 04, 2019

Santander snaps up major stake in UK FinTech Ebury

The Spanish bank is looking to win more small business customers In Brief The investment is...

FinTech Become gains $12.5mn
SME Finance
October 31, 2019

FinTech Become gains $12.5mn

Become, an SMB lending FinTech, has closed a $10mn Series A funding round. In Brief: The...

SME Finance
September 05, 2019

Financial inclusion For Europe’s SMEs - Building a Circle of Trust

The unparalleled power of today’s technology confers a responsibility on all of us, across the...

SME Finance
August 19, 2019

Finastra report: UK SME Opportunities for Challenger Banks

Finastra has partnered with YouGov to produce a report on the needs of UK SMEs and explore the oppor...

There are no Events in this category