OakNorth Revenue and Competitors

London, UK

Location

$1B

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • OakNorth's estimated annual revenue is currently $72.8M per year.(i)
  • OakNorth's estimated revenue per employee is $165,100
  • OakNorth's total funding is $1B.
  • OakNorth's current valuation is $5B. (September 2021)

Employee Data

  • OakNorth has 441 Employees.(i)
  • OakNorth grew their employee count by 40% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$8.5M0N/A$1.5MN/A
#2
$17.4M134-4%N/AN/A
#3
$39.3M2759%N/AN/A
#4
$3.5M3575%$26MN/A
#5
$1937.3M104214%$1.7BN/A
#6
$195.2M1050863%$746.4MN/A
#7
$150.4M8090%$22MN/A
#8
$279.8M150520%$123.5MN/A
#9
$16.6M128-17%N/AN/A
#10
$21.5M0N/A$687MN/A
Add Company

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

$1B

Total Funding

441

Number of Employees

$72.8M

Revenue (est)

40%

Employee Growth %

$5B

Valuation

N/A

Accelerator

OakNorth News

2022-04-13 - Pub group Portobello Starboard secures £40m loan from ...

With the loan from OakNorth bank, Zetland Capital, who were advised by Westfort Advisors, has planned to grow its estate of freehold pubs...

2022-04-13 - Pub group Portobello Starboard secures £40m loan from ...

With the loan from OakNorth bank, Zetland Capital, who were advised by Westfort Advisors, has planned to grow its estate of freehold pubs...

2022-03-30 - OakNorth enjoys 73% jump in profits as digital bank recovers ...

OakNorth was launched in September 2015 by chief executive Rishi Khosla and co-founder Joel Perlman after they sold their previous venture,...

2022-03-30 - OakNorth enjoys 73% jump in profits as digital bank recovers ...

OakNorth was launched in September 2015 by chief executive Rishi Khosla and co-founder Joel Perlman after they sold their previous venture,...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$135.1M44117%N/A
#2
$125.1M44159%N/A
#3
$125.1M4418%N/A
#4
$184.8M4415%$276.1M
#5
$159.9M44118%N/A