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| Oct 6, 2026 | UK fintech Wise in tie-up with Oaknorth as it beefs up infrastructure division | UK fintech Wise is set to reveal a partnership with small business lender Oaknorth as the group looks to make its infrastructure arm a driving force.
The cross-border finance firm’s tie-up with Oaknorth will see the latter adopt Wise’s inte... |
| Oct 1, 2026 | Global Fintech Heats Up: Nubank Eyes Monzo, Revolut Showdown Looms | UK neobank Monzo is in advanced talks for an £8-10 billion sale to Brazilian giant Nubank. This potential acquisition could upend Monzo's IPO plans, delivering a significant blow to London's fintech hopes. Nubank seeks a crucial UK entry, d... |
| Oct 1, 2026 | Mark Kleinman: Monzo deal needn’t be a hammer blow for UK tech | Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column.
Monzo, Oaknorth, Revolut, Starling Bank – the queue of British fintech champions waiting to float in London is fast-disappearing.
The... |
| Sep 30, 2026 | Revolut and Nubank want to make neobanking their world | Nubank’s takeover talks with Monzo shocked the City. In this week’s column, Samuel Norman takes a look at how and why a deal might emerge and the battle that lies ahead with Revolut.
Around a decade ago, a handful of colourful plastic cards... |
| Sep 14, 2026 | Haigh and Healey to host business chiefs in Downing Street | Louise Haigh and John Healey will lead meetings with top business chiefs in Downing Street this evening after Andy Burnham cancelled his official engagements following the death of his father.
The First Secretary of State will host a roundt... |
| Aug 27, 2026 | Scotland Forges AI Future: DataVita Leads Massive Data Center Expansion | Scotland's AI ambition takes shape. DataVita drives this transformation. Significant investments fuel expansion. Over £325M in new funding supports facilities in Glasgow and North Lanarkshire. These expansions, backed by digital banks and a... |
| Aug 24, 2026 | DataVita Expands Glasgow Site with £25M Loan Boost | Digital bank OakNorth has provided a £25m loan to support DataVita’s flagship data centre near Glasgow.
The business operates two state-of-the-art data centres across Scotland’s Central Belt and is expanding its flagship facility to meet gr... |
| Aug 10, 2026 | Zilch, Clearscore among five UK scale-ups to get dedicated FCA support | The UK’s financial watchdog is to offer extra regulatory support to five British scale-ups as it seeks to ease the burden on fast-growing firms.
Zilch, Clearscore, Modulr, Teya and Urban Jungle have become the first companies regulated sole... |
| Apr 23, 2026 | Digital Bank OakNorth Extends Revolving Credit Facility to CLS Holdings to Support Real Estate Business Expansion | UK’s digital bank OakNorth, known for backing small and medium0sized business ventures, has extended a £50 million revolving credit facility to CLS Holdings, a specialist in transforming office and commercial real estate with a strong empha... |
| Apr 5, 2026 | UK Private Equity Firm Pelican Capital Announces Investment in EMS with Loan from OakNorth | UK-based private equity company Pelican Capital has acquired a stake in Equipment Management Solutions Group Limited (EMS), backed by a senior loan from digital lender OakNorth. The transaction, announced on April 2, 2026, positions the spe... |
| Mar 17, 2026 | OakNorth reports nudge up in profits, delays net zero target by 10 years | OakNorth, the UK challenger lending bank, has reported a nudge up in year-on-year pre-tax profits in 2025 from £215m to £223m, helped by US growth.
The SoftBank-backed bank, however, delayed its net zero target by ten years. OakNorth said i... |
| Feb 18, 2026 | UK Private Equity Firm Hypha Announces Key Acquisition with Loan from OakNorth Bank | UK private equity firm Hypha has completed the acquisition of Pass, a fast-growing education technology company headquartered in Harrogate, North Yorkshire. The move was enabled by a £5 million loan from digital bank OakNorth, highlighting ... |
| Feb 8, 2026 | Digital Bank OakNorth Extends $78M Co-Loan to Real Estate Developer Bushburg | In an effort to address New York City’s ongoing housing crisis, OakNorth, a specialist in commercial lending, has partnered with Oak Funding to extend a $78 million co-loan to real estate developer Bushburg. This financing will facilitate t... |
| Feb 4, 2026 | UK Regulators Launch Scale-Up Unit to Bolster Fintech and Economic Growth | UK financial regulators launched a groundbreaking Scale-up Unit. The FCA and PRA champion innovative firms. This joint effort provides tailored support. It helps rapid-growth companies navigate complex regulations. Challenger banks like All... |
| Feb 3, 2026 | Digital Bank OakNorth Extends New Loans to Support UK based Development Projects | Digital bank OakNorth has recently extended two significant loans, each worth £8.3 million, to support diverse development projects. These financings underscore the bank’s commitment to fostering residential and tourism sectors amid evolvin... |
| Feb 3, 2026 | Challenger Banks Lead FCA’s First Scale-Up Cohort | The FCA and Prudential Regulation Authority have announced the first group of banks and building societies to benefit from their joint Scale-up Unit, an initiative aimed at supporting fast-growing, innovative financial firms to grow sustain... |
| Jan 13, 2026 | Digital Bank OakNorth Extends £4 Million Revolving Credit Line to Verso Wealth Management | In a move set to further bolster growth in the United Kingdom’s financial advisory landscape, digital bank OakNorth has recently extended a £4 million revolving credit facility (RCF) to Verso Wealth Management. This funding aims to fuel Ver... |
| Nov 10, 2025 | AI startups lead growth despite market jitters and IPO drought | AI firms have driven a 44 per cent increase in the combined value of the world’s top 100 private tech firms, even as concerns grow that the AI boom could be overheating and Britain’s startups warn of a worsening funding climate.
According t... |
| Nov 8, 2025 | Reeves eyes clampdown on salary sacrifice in latest stealth tax on high earners | Rachel Reeves is preparing to tighten the rules on salary sacrifice schemes in what would amount to a stealth tax raid on pension savings, as the chancellor searches for ways to fill a yawning £30bn black hole in public finances.
Reeves wil... |
| Nov 7, 2025 | Adair Turner: Crypto? It’s like buying tulips in 1635 | As chair of the FSA at the height of the 2008 financial crisis, Adair Turner knows all about the anatomy of a global crash. Over 15 years on, exuberance in AI and opaque private credit markets have set warning systems flashing. Ali Lyon, sp... |
| Oct 22, 2025 | Allica Bank makes major acquisition as it eyes £1bn SME lending goal | Allica Bank is set to announce a fresh acquisition as the firm looks to beef up its lending capacity for small businesses, City AM can reveal.
The digital bank has snapped up London-based fintech Kriya, which specialises in embedded finance... |
| Oct 15, 2025 | UK’s Digital Bank OakNorth Announces Revolving Credit Facility for OUTCO | UK’s digital bank OakNorth recently announced that it provided a flexible revolving credit facility to OUTCO, a technology-powered provider of outdoor estate maintenance services, after the business’s strategic investment by Perwyn, a Europ... |
| Oct 9, 2025 | Mark Kleinman: Reeves heads outside in hunt for new banking watchdog | Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column
File it under ‘Rachel Reeves’s headaches’. A search for Britain’s top banking regulator is about to get underway, and the word ... |
| Sep 16, 2025 | Whittard of Chelsea brews up bumper funding deal with OakNorth | Whittard of Chelsea has secured a bumper funding deal worth £12m with digital bank OakNorth “to support its continued growth and expansion”.
The Oxfordshire-headquartered company said it is now “well-positioned” to build on its UK base and ... |
| Sep 11, 2025 | Two in five financial services firms lack safe AI controls | As the financial services industry piles billions of pounds into artificial intelligence (AI), firms are lacking adequate measures to maintain safe usage, according to new figures.
Fresh data from Big Four accountancy giant EY reveal 26 per... |
| Sep 11, 2025 | Mark Kleinman: City would sour on Reeves after bank tax | Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week he tackles what a bank tax would do to Reeves’ hard-earned City cache, a top pick for the new HSBC chair, and Oaknor... |
| Sep 11, 2025 | High street banks’ SME lending comeback inches forward | High street banks’ return to small- and medium-sized enterprises (SME) inched onwards in the second quarter.
The big banks have turned back to the area as the government clamps down on smaller firms’ difficulty accessing finance.
Top bosses... |
| Sep 10, 2025 | Pisces rival claims LSE offering won’t offer firms enough trading volume | The London Stock Exchange’s plan to let private companies trade shares just twice a year on a new private stock market will not offer firms or investors enough trading volume, according to the boss of a rival platform that hopes to launch n... |
| Aug 19, 2025 | Starling Bank snaps up UK fintech firm in small business push | Starling Bank has snapped up its UK fintech peer Ember in a bid to ramp up its services for small business customers.
The London-based firm said as part of the takeover, Ember’s tax and bookkeeping software will be built into Starling’s app... |
| Aug 6, 2025 | Simmons: Bar chain owed millions to OakNorth, tax collectors before entering administration | Simmons owed millions of pounds in debts to OakNorth bank and tax collectors before it was put into administration, fresh corporate documents have revealed.
The London-based cocktail bar chain has made at least 30 staff redundant alongside ... |
| Jul 16, 2025 | New York Based Lending Platform S3 Capital Secures Loan from OakNorth Bank | Listen to this article
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Digital bank OakNorth has provided $79 million of new funding to New York-based lending platform S3 Capital.
Founded in 2013 by Joshua Crane and Robert Schwartz after they recognized a signi... |
| Jul 10, 2025 | Banks shut eight branches a week since 2016 | British banks have accelerated their retreat from the high street, shutting an average of eight branches a week since 2016 in a dash to bulk up digital offerings.
Nearly 3,700 sites closed between 2016 and 2024, creating 41 ‘banking deserts... |
| Mar 17, 2025 | OakNorth acquires US community bank CUB | OakNorth, the UK challenger business bank, has made its first US acquisition, a Michigan-based bank which serves retail and business customers. OakNorth is endeavouring to make a big play in the US and has lent $700M, via its UK balance she... |
| Mar 6, 2025 | SoftBank-backed OakNorth sees new lending drive up profits | OakNorth, the UK challenger business bank, has reported a 15 per cent increase in pre-tax profits to £215m in 2024, driven by new lending in the UK and the US where it has recently launched.
OakNorth, which is backed by SoftBank, the Japane... |
| Dec 26, 2024 | UK’s Digital Bank OakNorth Participates in Club Loan to STAR Capital to Support Buy-Out of Subsea Technology & Rentals | OakNorth, the digital bank for entrepreneurs, has partnered with HSBC and Santander on a club lending facility to Star Capital to support its buy-out of Subsea Technology & Rentals (STR).
The capital will reportedly enable STR to evolve... |
| Aug 27, 2024 | UK Challenger Bank OakNorth Gets Approval to Market Products in US | OakNorth, the London-headquartered digital challenger bank serving scaling businesses, has received authorisation for a Representative Office in New York thereby enabling it to officially market its products and services in the US.
The fint... |
| May 14, 2024 | UK’s Property Lending Firm Blue Shield Capital Receives £25M Loan from OakNorth Bank | OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided an initial £25m loan to Blue Shield Capital, a property lending firm committed to simplifying bridge lending.
Launched in 2020, by co-founders Gil Ulrich and Jonat... |
| Apr 20, 2022 | Hilltop Credit Partners announces partnership with MCAP Global Finance (UK) LLP and completes £33 million loan for newbuild residential development in Worcester | Real estate development lending platform Hilltop Credit Partners today announces a funding partnership with MCAP Global Finance (UK) LLP, the UK subsidiary of New York based Marathon Asset Management, LP (“Marathon”) a leading global credit... |
| May 20, 2021 | London’s anti-money laundering startup ComplyAdvantage (unofficially) scoops up $20 million from Goldman Sachs in extended Series C round | London-based financial crime detection firm ComplyAdvantage has unofficially raised $20 million from the Growth Equity team in Goldman Sachs Asset Management. While the official press release states, “The terms of the transaction were not d... |
| Apr 21, 2021 | OakNorth Reportedly Entered into Deals with Capital One, Fifth Third Bank | OakNorth has reportedly entered into software deals with US banking institutions Capital One and Fifth Third, according to a report from BI.
OakNorth has managed to onboard two new clients for its credit intelligence product offering. Capit... |
| Feb 17, 2021 | The Perfect Match: Finding the ideal fund finance solution partner | The Perfect Match: Finding the ideal fund finance solution partner
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As the world went into lockdown in 2020, high-street lenders in the UK pulled back from commercial lending to focus on managing their existing loan books. OakNort... |
| Mar 11, 2020 | Interview with Rishi Khosla, co-founder of OakNorth Bank | 2 shares
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OakNorth Bank is a UK bank for small and medium sized companies that provides business and property loans.
OakNorth was founded by Rishi Khosla and Joel Perlman after gaining regulatory approval in earl... |
| Feb 18, 2019 | Berlin banking tech startup behind N26 and Oaknorth nabs €30m from Skype-backer Bessemer | |
| Feb 8, 2019 | SoftBank to invest $440 mn in Indiabulls Housing-backed OakNorth Bank | Japanese internet conglomerate SoftBank Group Bank is investing $440 million in the UK-based OakNorth Bank, which counts Indiabulls Housing Finance Ltd as a shareholder.
SoftBank's investment of Rs 2,800 crore (£339 million) in OakNorth wil... |
| Founder of $1 billion meal kit startup Gousto joins board of SoftBank-backed fintech startup OakNorth | Gousto founder Timo Boldt and OakNorth CEO Rishi Khosla. Gousto, OakNorth This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
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London-based fintech OakNorth has added Gousto founder... |
| London’s anti-money laundering startup ComplyAdvantage (unofficially) scoops up $20 million from Goldman Sachs in extended Series C round | London-based financial crime detection firm ComplyAdvantage has unofficially raised $20 million from the Growth Equity team in Goldman Sachs Asset Management. While the official press release states, “The terms of the transaction were not d... |
