OakNorth Bank has released its annual report, showing huge growth in pre-tax profits to £134.5 million over the course of 2021.
OakNorth is looking to sell a $400 million stake in the company which is currently held by an investor; FT...
Leading UK challenger bank, OakNorth, has released its 2018 results showing that profits increased to £33.9 million, a 220% increase...
Speaking at an event in London today the CFO of OakNorth, Cristina Alba Ochoa, said that her company plans to...
To further strengthen its offering to SMEs, lending platform, October, has acquired Credit.fr. The partnership spells an exciting future of development within Europe.
To further strengthen its offering to SMEs, lending platform, October, has acquired Credit.fr, spelling an exciting future within Europe.
Paris-based October operates in a number of countries across Europe including France, Germany, Italy, the Netherlands and Spain where it lends to SMEs using both private and institutional capital.
The EIF has committed backing to October's newest SME fund, which focuses on promoting sustainable practices.
Firm was given full FCA authorization at the beginning of 2017 and expects the IFISA launch to add to high current demand on the platform; says it will target financial advisers with the new offering; the lender has originated over GBP130 million ($169 million) since launching in April 2016; it focuses on secured property loans with conservative loan to value ratios of approximately 60%. Source
Real estate P2P lending platform Octopus Choice has received full authorization from the Financial Conduct Authority (FCA) in the UK; the FCA approval now allows it to begin the process for offering innovative finance individual savings accounts (IFISAs) for investors; the firm has been in business for nine months; it currently provides secured loans to residential property borrowers. Source