Tag: OakNorth

Saxon Trust has significantly expanded its funding capability with a new £35m funding facility from OakNorth.

Greenwashing is still a widespread problem. As the pressures increase for firms to act sustainably, both through regulation and customer expectations, there is a risk more will look to embellish their green efforts.

Elliptic, a cryptoasset risk management platform, has named former OakNorth employee Jackson Hull as its new chief technology officer.

Challenger bank OakNorth Bank has completed a ?4.4m Coronavirus Business Interruption Loan Scheme (CBILS) loan to complete the development of a care home.

OakNorth Bank, the UK bank powered by OakNorth, has completed a £5.6m loan to Gallican Investments Limited, which is led by the experienced team behind Dandi.

Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.

OakNorth, an AI software developer, has received a $30m investment from Japan-based bank Sumitomo Mitsui Banking Corporation (SMBC).

Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.

Growth platform Tech Nation has launched the Fintech Pledge to accelerate the growth of the UK’s FinTech sector by enabling enhanced collaboration between banks and leading FinTech firms.

The coronavirus has skewed the old way of rating loans, which is why UK challenger bank OakNorth has developed its COVID Vulnerability Rating (CVR) framework to rate the risk of loans.