OakNorth
Built by entrepreneurs, for entrepreneurs.
London, United Kingdom · Founded 2015 · $659.0M raised
- Headquarters
- London
- Employees
- 501–1000
- Founded
- 2015
- Business Model
- B2B
- Website
- oaknorth.co.uk
- Total Funding
- $659.0M
- Last Round
- $440.0M Series CFeb 2019
- Rounds
- 4
About
OakNorth is a UK digital bank founded in 2015 by entrepreneurs Rishi Khosla and Joel Perlman, built specifically to serve scaling businesses that traditional banks overlook. The bank offers business loans ranging from £1 million to tens of millions, business current accounts, and personal savings products. Having lent over £15 billion since inception, OakNorth has helped create more than 61,000 jobs and 36,000 homes across the UK, and is one of the only profitable digital banks. The company uses technology to make faster, data-driven lending decisions compared to legacy banks.
Summary
OakNorth is a Financial Services company based in London, United Kingdom, founded in 2015. It has raised $659.0M in total across 4 rounds, most recently a $440.0M Series C round in Feb 2019. Investors include SoftBank.
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Funding History
Feb 2019
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Full funding history, per-round amounts, and investor participation.
Investors
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