London, UK, Monday 25th March 2024; OakNorth – the digital bank for entrepreneurs, by entrepreneurs – today publishes its latest Annual Report, revealing pre-tax profits of £187.3m in 2023, up 23% from £152.3m in 2022. OakNorth provided over £1.7bn of gross new lending facilities in 2023, continuing its track record of supporting the most ambitious […]
The appointment will strengthen its ambitious growth plans through Lord Turner’s extensive experience and expertise across financial regulation, banking, and climate change. LONDON, 27 December 2023: OakNorth – the neobank for entrepreneurs by entrepreneurs, today announces the further strengthening of its board with the appointment of Lord (Adair) Turner, as its Chairman. Lord Turner has […]
LONDON, November 2023: One year ago, OakNorth – the UK neobank for entrepreneurs by entrepreneurs, acquired a 50% stake in ASK Partners (“ASK”), a specialist lender which has now enabled over £1.4BN of lending through its fintech platform where institutional partners, family offices, and high net worth individuals provide funding. The transaction formed a corporate […]
Wednesday 8th November 2023, London, UK: OakNorth, the neobank for entrepreneurs, by entrepreneurs, has today published new research with the Social Market Foundation, a cross-party think tank, revealing the outsized impact of scale-up businesses1 on the UK economy by region, country, and sector. Small but mighty The new report, titled ‘The Scale of the Opportunity’, follows the recent publication of ‘Full […]
OakNorth Bank, the neobank for entrepreneurs, by entrepreneurs, has lent more than £886m to British businesses in the first half of this year, as it continues on its mission to support the UK’s “Missing Middle” – established small-to-medium enterprises (SMEs) who are seeking to scale, but are routinely overlooked or underserved by incumbent banks and […]
London, UK, 28th March 2023; OakNorth – the digital bank for entrepreneurs, by entrepreneurs – today publishes its 2022 Annual Report, revealing pre-tax profits of £152.3m and new milestones hit on its mission to support the “Missing Middle” – the bank’s term for established small-to-medium enterprises (SMEs) who are seeking to scale, but are routinely […]