Barclays, Lloyds, NatWest, Santander, RBS, Ulster Bank, Danske Bank and Clydesdale & Yorkshire Bank are the eight banks that are...
UK based online SMB lender OakNorth said they nearly doubled profits to £65.9mn in 2019; the news was dampened a...
U.S. Bank launches app to take pain out of filing expenses Bankers Expect AI To Make Your Financial Life More...
UK based digital bank OakNorth reported an annual profit of $149mn, becoming the first digital bank to do so; in their second year of full operations the bank has seen their loan book triple in size and deposits double in size; Rishi Khosla, OakNorth chief executive, told the Financial Times, “we build them for profit and on strong foundations so as you grow you’re scaling a real business rather than what happens to a lot of fintech where you just keep building for top-line or number of customers, but don’t necessarily have the strongest business model.” Source.
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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