OakNorth Companies
OakNorth is a digital bank that focuses on serving and empowering small-to-medium sized businesses (SMEs) in the UK and US. Founded in 2015 by entrepreneurs Rishi Khosla and Joel Perlman, OakNorth aims to fill the gap in traditional banking services for the "Missing Middle" - businesses seeking to scale but often overlooked by banks. The bank offers bespoke credit and banking services, including secured and unsecured business loans, to support the growth plans of businesses without requiring equity. Despite facing challenges such as Brexit and COVID-19, OakNorth has lent over £10 billion to date, creating tens of thousands of new jobs and homes. Its data-led approach and focus on long-term partnerships with customers have made it a trusted funding partner for businesses.
