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Founded Year

2015

Stage

Secondary Market - II | Alive

Total Raised

$990.52M

Valuation

$0000 

Last Raised

$34M | 3 yrs ago

Revenue

$0000 

About 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.

Headquarters Location

57 Broadwick Street

London, England, W1F 9QS,

United Kingdom

+44 0161 713 4071

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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.

U

Unicorns- Billion Dollar Startups

1,257 items

D

Digital Lending

2,334 items

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.

F

Fintech

13,559 items

Excludes US-based companies

F

Fintech 100

249 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

D

Digital Banking

814 items

Latest OakNorth News

SME digital financial services start-up Finom hires OakNorth’s Kristjan Kaar as CPO

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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