OakNorth

News/people

IFGS 2023: How are neobanks challenging incumbents in 2023?

The afternoon IFGS sessions kicked off with a fireside chat looking at whether Neobanks are still creating that challenging atmosphere they have been known for. Finextra’s own senior reporter, Paige McNamee, moderated the session and was joined by Mark Mullen, CEO of Atom Bank, and Valentina Kristensen, director of growth and communications at OakNorth. Kristensen had her new baby Leo on stage with her.

17 April 2023

Research

The Future of Fintech in the UK 2023

13 April 2023 687 downloads

News/cloud

Financial Cloud Summit 2023: ChatGPT says banks should be multi-cloud

Cloud migration is a major part of the financial industry today; traditional banks and emerging fintechs are in process of transitioning online to cloud services to become scalable, agile, and operate at a higher level.

02 March 2023

News/wholesale

OakNorth Bank acquires 50% stake in ASK Partners

OakNorth Bank has acquired a 50% stake in property lender ASK Partners, which has lent in excess of £1bn across over 90 transactions through its online platform.

11 October 2022

Research

The Future of Digital Banking in the UK 2022

07 July 2022 1385 downloads

News/wholesale

OakNorth reports 73% increase in pre-tax profits

UK small business lender OakNorth is reporting a stellar performance in 2021, posting a 73% increase in pre-tax profits to £134.5 million and a 60% increase in new lending to £1.8 billion.

30 March 2022

News/wholesale

OakNorth makes first acquisition

UK small businmess lender OakNorth is to make its first acquisition, taking a 100% stake in cashflow forecasting app Fluidly.

14 December 2021

News/regulation

Former chancellor Hammond probed over OakNorth lobbying

Former UK chancellor Philip Hammond is being investigated by the UK lobbying regulator over allegations that he broke the Ministerial Code by advocating the use of software made by OakNorth, the business banking startup to which he is a paid advsor.

11 August 2021

News/wholesale

SMBC invests $30 million in OakNorth

Sumitomo Mitsui Bank is to use credit intelligence software from OakNorth to boost its commercial leanding operations and has acquired a $30 million stake in the UK challenger bank and tech supplier.

17 November 2020