UK challenger bank OakNorth has hired three new senior executives in anticipation of higher lending demand post-Brexit; Georgy Naydenov and Stuart Blair will join OakNorth as debt finance directors and David Webley was hired as a credit director; the bank's loan book has grown by 300% since the June referendum vote with loans of 300 million British pounds ($368.85 million); for 2017 it anticipates lending over 500 million British pounds ($614.75 million). Source
The Vision Fund is a $100 billion investment portfolio and recently participated in a $440 million round in the challenger...
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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.
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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Last year we saw continued interest in a broad array of fintech companies. Recently the fintech space has become more...
UK based digital bank OakNorth has started to go global but not in the same way other digital banks are...
UK base challenger bank OakNorth launched a new mortgage product aimed at individuals who do not have typical sources of...
Monzo announced earlier this month that it is teaming up with fellow UK challenger bank OakNorth to offer cash ISAs...
Rishi Khosla, chief executive and co-founder of OakNorth, told CNBC that eventually the company plans to make the move into China; "It is going to be a market that we will go into. It's just a question of when and how rather than if," Khosla explained at a fintech event last week.; talk of a move comes after China’s new central bank head said he is willing to open the market to foreign companies; OakNorth has said they are in discussions with a variety of countries across the globe about expansion plan. Source.