
OakNorth
Founded Year
2015Stage
Secondary Market - II | AliveTotal Raised
$990.52MValuation
$0000Last Raised
$34M | 3 yrs agoRevenue
$0000About OakNorth
OakNorth provides business loans and savings accounts within the financial services sector. The company offers financial products, including business loans for growth and expansion, as well as various savings accounts. OakNorth serves the entrepreneurial and business community, using data-driven technology to facilitate lending decisions. It was founded in 2015 and is based in London, United Kingdom.
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OakNorth's Product Videos


OakNorth's Products & Differentiators
ON Credit Intelligence Suite
Proven cloud software transforming commercial lending - banks lend smarter, lend faster, and lend more.
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Expert Collections containing OakNorth
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
OakNorth is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
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Digital Lending
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This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Fintech
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Excludes US-based companies
Fintech 100
249 items
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Digital Banking
814 items
Latest OakNorth News
Jan 17, 2025
17th January 2025 Finom , a Netherlands-based digital financial services solution for SMEs and entrepreneurs, has hired Kristjan Kaar as its new chief product officer (CPO) in preparation for its “next phase of accelerated growth”. Kristjan Kaar joins Finom as CPO (Image: Finom) Kaar moves from OakNorth Bank, where he has served as CPO for more than three years having previously held the role of product lead of the UK challenger’s credit intelligence unit. Kaar will succeed Finom co-founder Ivo Dimitrov in the role, who writes on LinkedIn that after more than five years as the company’s CPO, he will now take on the role of Finom’s chief venture officer. Founded in 2020, Finom’s core offerings include digital business account services as well as payment, financial management, accounting and invoicing tools. The company has more than 100,000 SME customers across five European markets. To support the company’s further expansion, Finom has named a string of new appointments within the last few months, including Alessandro Camilotti as CFO and Rob Allen as head of sales, as well as the additions of Kseniia Kutyreva, Peter De Caluwe and Frank Stockx to its board. In a statement, Andrey Petrov, CEO and co-founder of Finom, says the latest appointment of Kaar, alongside the arrival of Elke Karskens as chief marketing officer (CMO), “will be instrumental in accelerating our product development and market expansion to serve one million European SMEs by 2026”.
OakNorth Frequently Asked Questions (FAQ)
When was OakNorth founded?
OakNorth was founded in 2015.
Where is OakNorth's headquarters?
OakNorth's headquarters is located at 57 Broadwick Street, London.
What is OakNorth's latest funding round?
OakNorth's latest funding round is Secondary Market - II.
How much did OakNorth raise?
OakNorth raised a total of $990.52M.
Who are the investors of OakNorth?
Investors of OakNorth include FIS Fintech Accelerator, Sumitomo Mitsui Banking, Clermont Group, SoftBank, Coltrane Asset Management and 7 more.
Who are OakNorth's competitors?
Competitors of OakNorth include ThinCats Australia, iwoca, Kompasbank, Capify, Fleximize and 7 more.
What products does OakNorth offer?
OakNorth's products include ON Credit Intelligence Suite and 4 more.
Who are OakNorth's customers?
Customers of OakNorth include Customers Bank, Modern Bank, Old National Bank, NIBC and OakNorth Bank.
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Compare OakNorth to Competitors

Linked Finance is a peer-to-peer lending platform focused on providing business loans for SMEs within the financial services sector. The company offers unsecured loans up to €500,000 for various business needs, including working capital, equipment purchase, and hiring new employees, with a fast application and decision process. Linked Finance primarily serves the SME sector, offering an alternative financing solution to traditional banking. It is based in Dublin, Ireland.
Cambridge & Counties Bank specializes in financial services for savings, property, and asset finance. The company offers a range of products including business savings accounts, fixed rate business bonds, and financing solutions for residential and commercial properties, as well as a variety of assets such as agricultural equipment, construction machinery, and commercial vehicles. Additionally, they provide specialist finance packages for classic, vintage, racing, and sports cars. It was founded in 2012 and is based in Leicester, England.

Instant Factoring is a non-bank financial institution focused on providing invoice financing solutions to small and medium-sized enterprises. The company offers an online platform where businesses can quickly finance their invoices, gaining access to funds within 24 hours without the need for traditional banking bureaucracy. It serves the financial needs of entrepreneurs, micro-companies, and small to medium-sized businesses to improve their cash flow. It was founded in 2018 and is based in Bucharest, Romania.

Concora Credit specializes in non-prime consumer financing solutions within the financial services industry. The company offers a range of Mastercard credit products designed to provide access to credit for consumers. It provides merchants with private-label credit card programs to offer financing solutions to customers. Concora Credit was formerly known as Genesis Credit. It was founded in 2001 and is based in Beaverton, Oregon.

Flender is a digital lending platform focused on providing business loans across various sectors. The company offers financing solutions, including loans for business expansion, project financing, working capital, and marketing, with terms ranging from €10,000 to €300,000 and durations up to 48 months. Flender primarily serves small to medium-sized enterprises (SMEs) seeking lending options. It was founded in 2015 and is based in Dublin, Ireland.

Fleximize is a digital business lender that focuses on providing flexible financing solutions to small and medium-sized enterprises (SMEs) across various sectors. The company offers a range of products, including working capital loans, unsecured and secured business loans, and commercial debt consolidation, all designed to support the growth and cash flow management of businesses. Fleximize's loans are characterized by their flexibility, offering features such as top-ups, repayment holidays, and no early settlement fees. It was founded in 2014 and is based in Ipswich, United Kingdom.
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