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OakNorth

EuropeFintechNews Roundup
·Mar. 21, 2019

OakNorth Triples Profit in 2018 to £34 Million

Leading UK challenger bank, OakNorth, has released its 2018 results showing that profits increased to £33.9 million, a 220% increase...
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EuropeFintechNews Roundup
·Mar. 26, 2020

UK Digital Banks Waiting to Hear if They Can Help Small Businesses with Government-Backed Loans

Reuters reports the several digital banks in the UK are still awaiting word whether they can offer government-backed loans to...
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FintechNews Roundup
·Jun. 3, 2019

Fintech CEOs Expect Tech Companies to Move Into the Sector

At the Money20/20 show in Amsterdam several fintech company CEOs expressed confidence that big tech companies are coming to the...
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EuropeFintechNews Roundup
·Jan. 13, 2017

Challenger Bank OakNorth Receives Funding from British Business Bank

Government-owned British Business Bank has added challenger bank OakNorth to its Help to Grow program; allows the company to receive loan funding of up to 2 million British pounds ($2.43 million); OakNorth is the first challenger bank to join the Help to Grow program; the funding follows a recent announcement of three new executive hires for OakNorth to support anticipated lending of 500 million British pounds ($608.39 million) in 2017.  Source

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EuropeFintechNews Roundup
·Jan. 27, 2020

Philip Hammond Joins OakNorth Advisory Board

Philip Hammond is the former UK chancellor and foreign secretary; now he has joined OakNorth’s advisory board; Hammond stated to...
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FintechNews RoundupUSA
·Apr. 8, 2020

Customers Bank Partners with OakNorth to Analyze Loan Portfolio Amid COVID-19

Customers Bancorp which has $11.5 billion in assets is working with OakNorth to help monitor their loan portfolio; OakNorth will...
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EuropeFintechNews Roundup
·Feb. 7, 2019

SoftBank Investing $440 Million in OakNorth

SoftBank’s Vision Fund is planning to invest in the British banking startup according to sources; if it goes through it...
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Asia/PacEuropeFintechNews RoundupUSA
·May. 10, 2019

Announcements & Releases for May 10, 2019

U.S. Bank launches app to take pain out of filing expenses Bankers Expect AI To Make Your Financial Life More...
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EuropeFintechNews Roundup
·Mar. 28, 2019

OakNorth Goes Global with Technology Spin Out

UK based digital bank OakNorth has started to go global but not in the same way other digital banks are...
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News Roundup
·May. 6, 2020

European SMEs in Rush to Take Up Government Backed Loans

Businesses across Europe have reported vastly different experiences in their efforts to secure the financial support promised by their respective...
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