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OakNorth
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OakNorth

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http://oaknorth.com/
Last activity: 27.07.2026
Active
Categories: BankingDigitalFinTechLendingSME
OakNorth is the creator of the ON Credit Intelligence Suite, the industry’s first ML-powered, data-driven technology that gives commercial lenders a forward looking, 360-degree view of their borrowers. These deep sector insights mean that Relationship, Portfolio, and Risk Managers can now truly engage with their clients, make better credit decisions, anticipate challenges and propose solutions — minimizing defaults, driving profitable growth and delivering industry-leading client satisfaction. Welcome to Intelligent Credit. Lend Smarter. Lend Faster. Lend More.

Built over five years by an engineering and credit science team of over 250 people, the ON Credit Intelligence Suite has propelled OakNorth Bank in the UK into the top 1% of commercial banks globally in terms of RORE and efficiency, enabling it to profitably manage a multi-billion-dollar commercial lending portfolio while maintaining an industry-leading NPS.
Followers
1.08K
Followers
25.77K
Website visits
12K /mo.
Mentions
85

Overview

Location
United Kingdom
Employees
501-1000
Total raised
$866.02M
Founded date
2015

Investors 1

DateNameWebsite
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Funding Rounds 5

DateSeriesAmountInvestors
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Sep 6, 2018Funding round$100M
Jan 8, 2018Funding round$4.07M
Nov 3, 2017Funding round$117.69M
Oct 12, 2017Funding round$204.26M

Mentions in press and media 85

DateTitleDescription
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May 21, 2026‘Exceptionally challenging’: Starling puts climate target under reviewStarling has placed its target to reduce carbon emissions by one-third by 2030 under review after it cited “exceptionally challenging” roadblocks in its mission. The UK fintech – which published its annual report on Thursday – had targeted ...
Apr 18, 2026Why the UK fintech market reaching $21.44 billion in 2026 confirms sustained growthShare Share Share Share Email Brexit was supposed to end London’s reign as a global financial center. Bankers would flee to Frankfurt. EU regulations would stifle UK fintech innovation. Financial services exports would collapse. None of thi...
Apr 5, 2026UK Private Equity Firm Pelican Capital Announces Investment in EMS with Loan from OakNorthUK-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 24, 2026Fintech Unicorns: How Over 300 Companies Achieved Billion-Dollar ValuationsShare Share Share Share Email More than 300 fintech companies worldwide have reached valuations of $1 billion or more’ Global Unicorn Tracker. In 2015, there were fewer than 20 fintech unicorns. The number tripled between 2019 and 2021 alon...
Mar 23, 2026Federal Reserve orders Oaknorth to set up UK holding firmDigital bank Oaknorth has been ordered by the US financial watchdog to switch its domicile to the UK to get the green light on its takeover of a Michigan-based bank. The small business lender is exploring plans to establish a new UK holding...
Mar 18, 2026City AM Awards 2026: Meet the FinalistsThe City AM Awards are back and this year our finalists are stronger than ever. Our judges now have the task of voting for an overall winner in each category, to be announced at the Guildhall on May 6. And the nominees are…. Greg Jackson CB...
Mar 17, 2026Oaknorth delays net zero goal as US expansion fuels lending boomUK fintech Oaknorth has slapped a ten year delay on its ambition to be a net zero bank as the firm’s expansion across the Atlantic picked up pace. The small business lender said it expects to meet net zero commitments by 2045, as opposed to...
Feb 26, 2026Revolut: Digital Powerhouse Redefines Global Finance Amidst Regulatory ScrutinyRevolut, the UK fintech titan, achieved a $75 billion valuation in 2025, disrupting traditional banking. Global expansion remains a priority, marked by a Mexico banking launch. However, a full UK banking license still eludes the firm, amids...
Feb 20, 2026London Stock Exchange confirms first firm on Pisces frameworkA vehicle containing shares in a £1.3bn venture capital firm that backs tech spin-outs from Oxford University will be the first organisation to use the the new Pisces private stock market, the London Stock Exchange has said. The UK’s flagsh...
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FAQ about OakNorth

When was OakNorth founded?

OakNorth was founded in 2015.

How much funding has OakNorth raised?

OakNorth has raised $866.02M in total across 5 funding rounds.

What funding rounds has OakNorth raised?

Parsers VC lists 5 funding rounds of OakNorth, among them a funding round of $100M on Sep 6, 2018, a funding round of $4.07M on Jan 8, 2018 and a funding round of $117.69M on Nov 3, 2017.

What has the press written about OakNorth?

Parsers VC has collected 85 articles mentioning OakNorth, among them “‘Exceptionally challenging’: Starling puts climate target under review” (May 21, 2026) and “Why the UK fintech market reaching $21.44 billion in 2026 confirms sustained growth” (Apr 18, 2026).

Is OakNorth still active?

Yes, OakNorth is active; its latest activity on Parsers VC dates from Jul 27, 2026.