OakNorth Growth, Revenue, Number of Employees and Funding

Overview

Location:
London, UK
Total Funding:$843.4M
Industry:Fintech
Founded:2013
Lead Investor(s):N/A
Press

Industry Ranking

Growjo 10k Ranking

Estimated Revenue & Financials

  • OakNorth's estimated revenue is currently $43.5M per year.
  • OakNorth's estimated revenue per employee is $156931
  • OakNorth's total funding is $843.4M.

Employee Data

  • OakNorth has 277 Employees.
  • OakNorth grew their employee count by 39% last year.
  • OakNorth currently has 26 job openings.

Executive Contacts

NameTitle
Adam AgiusDirector, Debt Finance
James CashmoreChief Risk Officer
Trevor MorrisDirector, Lending
Robert BurgessNon-Executive Director
Surinder SidhuDirector, Debt Finance
Mohith SondhiDirector
Priya ChauhanDirector, Lending
Sandra PrattDirector, Credit Risk
Damien HughesDirector, Property Finance
Piyush KumarAssistant Vice President

What Is OakNorth?

Launched in September 2015, OakNorth is a UK bank that provides fast, flexible and accessible debt finance (from £500k to £40m) to established British businesses. Our clients include nurseries, hotels, care homes, private equity firms, bars, restaurants, tech companies, security businesses, property developers / investors, and professional services companies. In addition to business lending, we also offer a range of FSCS-protected savings accounts for individuals and businesses. These include fixed-term, easy-access, notice and cash ISA accounts, with a range of terms to suit your needs. Since our launch we have: - Profitably grown our loan book to £1.8bn, directly helping with the creation of 8,500 new homes and 8,000 new jobs in the UK; - Secured $576m from several investors, including: NIBC, EDBI of Singapore, GIC, Toscafund, Coltrane, Clermont Group, and Indiabulls, valuing the company at $2.3bn; - Raised deposits from c.25,000 savers; - Won numerous awards and been recognised as one of the UK’s fastest-growing businesses being listed on the Leap 100 (2017), Tech City UK’s Future Fifty (2018), and Fintech City’s Fintech50 (2018). We were founded by Rishi Khosla and Joel Perlman, entrepreneurs who were inspired to launch the bank following the challenges they faced in securing debt finance from high street banks for their previous business, Copal Amba. We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Visit www.oaknorth.com for more information.

keywords:Banking,Finance

277

Number of Employees

$43.5M

Revenue (est)

26

Current Jobs

39%

Employee Growth %

$843.4M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

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OakNorth News

09/03/2019 - Secrets of my success: Rishi Khosla, chief executive of OakNorth Bank

We use our next-generation credit platform, OakNorth, to assist us with our underwriting and monitoring in the UK and license it to other banks ...

09/08/2019 - OakNorth Bank Provides Acquisition Funding to Red Oak ...

OakNorth Bank, a UK-based bank, provided acquisition funding to Red Oak Taverns, a London, UK-based tenanted pub provider.

09/03/2019 - OakNorth appoints Tiffany Teng as chief of staff, Jeremy ...

OakNorth, the next-generation credit platform, has today announced the appointments of Tiffany Teng as Chief of Staff and Jeremy Payne as ...