Bank North

21 results about this entity

Period: 16 Dec 2019 - 11 Oct 2022

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LHV UK to buy SME lending business of Bank North

/wholesale

LHV UK to buy SME lending business of Bank North

LHV UK is to buy the SME lending business of Manchester-based Bank North, which is winding down its operations after failing to fully capitalise the bank.

Bank North goes to the wall

/startups

Bank North goes to the wall

Bank North, the Manchester-based banking startup aiming to disrupt the UK’s £150 billion SME lending market, is to wind down its operations after failing to secure a new funding round.

/people

Bank North grows executive team

Bank North, the UK's first truly regional business bank of the modern era, has appointed a Head of Valuations, Head of Financial Reporting and Financial Control, interim Head of Underwriting, and acting Treasurer, along with two other key hires.

/startups

Bank North commences lending in the North West

Bank North, the UK's first truly regional business bank of the modern era, has commenced lending from its first regional pod in Manchester, hot on the heels of signing a debt facility with Insight Investment in December 2021.

/people

Bank North appoints head of savings ahead of full launch

Bank North, the UK's first truly regional business bank of the modern era, has appointed Louise Halliwell as Head of Savings.

/regulation

Bank North turns to Vermeg for regulatory reporting

Vermeg, the leading global provider of regulatory reporting and collateral management solutions, announces that Bank North, the UK's first truly regional business bank of the modern era, has signed a multi-year licence for its flagship regulatory reporting platform, AgileREPORTER.

/people

Bank North grows team ahead of lending launch

Bank North, the UK's first truly regional business bank of the modern era, has grown its team further, including adding Neil Boycott as Head of Credit Risk, as the bank continues to progress through its mobilisation phase. It was granted its banking licence (Authorised with Restrictions) by the Prudential Regulation Authority in August.

/retail

Bank North selects Validis' APIs for SME lending

Validis, the provider of open accounting data analytics, announces its latest partnership with Bank North, the newly accredited SME-focused digital bank.

/people

Bank North strengthens board after licence award

Bank North, the UK's first truly regional bank of the modern era, has appointed Deepak Haria and Madis Toomsalu to its board.

SME lender Bank North secures banking licence

/startups

SME lender Bank North secures banking licence

Bank North - previously B-North - is set to begin operations as a regional SME lending bank in October after securing a restricted banking licence from the Prudential Regulation Authority.

/people

B-North strengthens team with five senior hires

B-North, the Manchester-based challenger building an SME lending bank for the UK has further strengthened its team with five important hires in its finance and risk teams.

/startups

B-North adds to ‘Bridge Round’ with overfunded raise

B-North, the Manchester-based firm building an SME lending bank for the UK, has so far raised more than £560,000, exceeding the £500,000 target set in an extension of its latest funding round.

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