Fluidly acquired by OakNorth

Fludily, a cash flow app, has been acquired by SME lender OakNorth. 

In Brief:

OakNorth has announced it will take a 100% stake in the cash flow forecasting platform. 

This is OakNorth’s first ever acquisition. 

Fluidly currently has 1300 accounting firms subscribed. 

What does this mean?

OakNorth intends to embed the Fluidly cash forecasting tool into its on offering to be used by its SME customers through the ON Credit Intelligence Suite.

Read more here.