OakNorth
Overview
OakNorth is a neobank focused on lending to small and medium-sized enterprises (SMEs). It provides commercial property loans, business expansion loans, and working capital loans to established businesses. OakNorth distinguishes itself through its data-driven credit analysis and its focus on underserved segments of the SME market. It also licenses its credit intelligence software, OakNorth Analytical Intelligence, to other banks to help them improve their SME lending processes.
About Us
OakNorth was founded in 2015 by Rishi Khosla and Joel Perlman. The company's founders previously ran Copal Amba, a financial research firm. OakNorth was created to address the challenges faced by SMEs in accessing finance from traditional banks. The company leverages technology and data analytics to offer a more efficient and tailored lending experience. OakNorth aims to empower SMEs to grow and create jobs, thereby contributing to economic growth.
Vision
To be the global leader in SME banking, enabling sustainable economic growth and job creation.
Mission
To empower the Missing Middle with the debt capital they need to pursue their growth ambitions.
Culture
OakNorth emphasizes a culture of innovation, collaboration, and customer focus. The company values data-driven decision-making and continuous improvement. Employees are encouraged to be entrepreneurial and to take ownership of their work. OakNorth fosters a diverse and inclusive workplace.
Headquarters
London, England