UK challenger bank OakNorth partners with SME-focused lender OIMIO

Dutch commercial real estate lender OIMIO has launched through a collaboration with UK-based challenger bank OakNorth.

OIMIO will use OakNorth’s platform as part of their partnership.

“We know from leveraging the platform via OakNorth Bank in the UK, that the positive multiplier effect of supporting small and medium-sized businesses is substantial,” said Rishi Khosla, co-founder of OakNorth.

“Through licensing our platform to other banks and lenders around the world, we’re enabling them to replicate what OakNorth Bank has achieved in the UK and, in turn, multiply this multiplier effect. In OIMIO, we’ve found a committed partner who shares our vision to fix small and medium-sized business lending, so we’re delighted to be working with them to achieve this.”

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