OakNorth – the bank for entrepreneurs, by entrepreneurs – has today announced it is entering the retail mortgage market with lifetime tracker rate products, aimed at affluent individuals with atypical sources of income.
OakNorth Analytical Intelligence (“ON AI”), the global fintech platform focused on customised mid-market business lending, has today announced the appointments of Nikolai Varma as Chief Commercial Officer and Rikard af Ekenstam as Managing Director, Corporate Development.
OakNorth, which has lent over £2.7bn to businesses across the UK, has today announced a strategic partnership with ClearBank.
UK challenger bank OakNorth has closed a $440 million funding round with the SoftBank Vision Fund and the Clermont Group as it sets sights on building out its international franchise.
OakNorth Holdings Ltd today announces the launch of a new corporate brand identity, logo and website. Its fintech platform, ACORN machine, will now be known as OakNorth Analytical Intelligence (ON AI) and we have a new domain (www.oaknorth.ai).
OakNorth – the bank for entrepreneurs, by entrepreneurs – today announces the appointment of Martin Stewart, the former Director of Banks, Building Societies & Credit Unions at the Bank of England, as an Independent Adviser on its advisory board.
UK challenger bank OakNorth has raised $100 million in funding, valuing the the three-year old startup at $2.3 billion and providing fresh capital to grow its lending business and ramp up sales of its proprietary Acorn Machines AI technology.
OakNorth - the bank for entrepreneurs by entrepreneurs - has appointed Amir Nooriala, former MD of BGC Partners, as its Chief Operating Officer (COO).
UK challenger bank OakNorth is reporting $10.6 million in profit in its second year of operation, moving into the black from a £2.4 million loss in 2016.
OakNorth – the bank for entrepreneurs, by entrepreneurs – has provided £1m of working capital to NetPay, the payment services provider founded in 2012 by Carl and Nicole Churchill.
© Finextra Research 2019