The company is currently valued at $2.8 billion and has lent $4 billion to British businesses with zero defaults; the...
UK based digital bank OakNorth reported an annual profit of $149mn, becoming the first digital bank to do so; in their second year of full operations the bank has seen their loan book triple in size and deposits double in size; Rishi Khosla, OakNorth chief executive, told the Financial Times, “we build them for profit and on strong foundations so as you grow you’re scaling a real business rather than what happens to a lot of fintech where you just keep building for top-line or number of customers, but don’t necessarily have the strongest business model.” Source.
UK base challenger bank OakNorth launched a new mortgage product aimed at individuals who do not have typical sources of...
For the second time in the last few months OakNorth CEO Rishi Khosla said he was open to making an...
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OakNorth Bank has released its annual report, showing huge growth in pre-tax profits to £134.5 million over the course of 2021.
OakNorth Bank has released its annual report, showing huge growth in pre-tax profits to £134.5 million over the course of 2021.
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...