Banking, SME Financing (Other)

Founded by Rishi Khosla and Joel Perlman, OakNorth is the next-generation credit platform that is redefining lending to small and medium-sized businesses globally.

Its platform helps its partners (banks and lending institutions around the world) better serve growing businesses seeking loans of $1-25M. It supplements the traditional method of backward-looking historical analysis with technology and massive data sets, to model a forward-looking view that’s informed by industry benchmarks, macroeconomic drivers, and scenario analysis specific to each business. This allows its partners to make more informed credit decisions and structure loans that meet the specific needs of each customer, with lower costs and better economics.

The OakNorth journey began with the launch of OakNorth Bank in the UK in 2015 which lends to small and medium sized businesses. The bank has helped prove the value of the platform and its unique credit underwriting approach. To date, the bank has lent several billion pounds and has had several hundred million pounds of repayments, maintaining one of the best asset quality metrics across the banking industry.

With over a $1bn in capital raised so far from investors such as SoftBank’s Vision Fund, Clermont, GIC and some of the world’s most successful business men and women, OakNorth is one of the most well-capitalised FinTechs in the world.

Team Members

Valentina Kristensen

Director of Growth & Communications, OakNorth

Rishi Khosla

CEO, OakNorth

Upcoming Events

Shining a Spotlight on Digital Assets: DLT and the Future of Financial Services
Innovate Finance is delighted to invite you to our ‘Spotlight on Digital Assets: DLT and the Future of Financial Services’ event,...
FinTech Investment Trends Webinar
Location: Live Online
Listen to some of the most active venture investors in FinTech, the trends they are seeing across the landscape and...
Tackling the Gender Investment Gap: An All Voices Discussion
Innovate Finance and FinTech Innovation Lab, run by Accenture, would like to invite you to our upcoming Women in FinTech initiative event, taking place...