About OakNorth Bank
OakNorth Bank is a company based in Manchester (United Kingdom) founded in 2013 by Rishi Khosla and Joel Perlman. OakNorth Bank has raised $961.88 million across 9 funding rounds from investors including FIS, Indiabulls Housing Finance and British Business Bank. OakNorth Bank has completed 1 acquisition, including BTTC Infrastructure. OakNorth Bank operates in a competitive market with competitors including Grasshopper Bank, Jiko, Nano Banc, Finseta and Amaiz, among others.
- Headquarter Manchester, United Kingdom
- Founders Rishi Khosla, Joel Perlman
- Stage Unicorn
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Oaknorth Bank Plc
- Date of Incorporation 03 Jul, 2013
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$961.88 M (USD)
in 9 rounds
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Latest Funding Round
Not available
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Investors
FIS
& 12 more
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Employee Count
Not available
- Investments & Acquisitions
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People of OakNorth Bank
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Leadership Team
32 people
Software Development Team
29 people
Finance and Accounting
16 people
Product Management Team
11 people
Senior Team
10 people
Legal and Compliance
9 people
Human Resources and Administration
8 people
Operations Team
4 people
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Funding Insights of OakNorth Bank
OakNorth Bank has successfully raised a total of $961.88M across 9 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in OakNorth Bank
OakNorth Bank has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include FIS, Indiabulls Housing Finance and British Business Bank.
| Investor | Description | Founded Year | Domain | Location |
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Private debt fund and fund of funds focused on startups
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Private equity investments are directed toward Singapore by The Clermont.
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Venture capital investments in technology and startups.
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Investor details for OakNorth Bank
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Investments & Acquisitions by OakNorth Bank
OakNorth Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BTTC Infrastructure.
Investment portfolio details for OakNorth Bank
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Infrastructure development and management consulting services are provided.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for OakNorth Bank
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Financial Statements - OakNorth Bank
Detailed financials for OakNorth Bank
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Oaknorth Bank Comparisons
Peer comparison for OakNorth Bank
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Competitors of OakNorth Bank
OakNorth Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Grasshopper Bank, Jiko, Nano Banc, Finseta and Amaiz, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Commercial banking services are offered via an online platform.
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T-bill investing for businesses is enabled by a secure platform.
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Internet-first bank offering business banking services
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Multi-currency accounts and international payment solutions are offered by Finseta.
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Amaiz is recognized as an e-money institution providing digital banking solutions.
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Detailed competitors of OakNorth Bank
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Latest news on Oaknorth Bank
Complete news archive for OakNorth Bank
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Frequently Asked Questions about OakNorth Bank
OakNorth Bank was founded in 2013 and raised its 1st funding round 2 years after it was founded.
OakNorth Bank is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Rishi Khosla is the current CEO of OakNorth Bank. They have also founded this company.
OakNorth Bank is a funded company, having raised a total of $961.88M across 9 funding rounds to date.
OakNorth Bank was established in 2013 and is headquartered in Manchester, United Kingdom. As a commercial bank, operations are centered on lending to small and medium-sized enterprises, alongside deposit and advisory services. Focus is placed on data-driven credit assessments within the UK financial sector. The bank is led by co-founders Rishi Khosla as CEO and Joel Perlman as Managing Director, supporting business growth through tailored financial products.
OakNorth Bank's top competitors include Grasshopper Bank, Jiko and Nano Banc.
OakNorth Bank has made 1 acquisition, including BTTC Infrastructure.
OakNorth Bank has 13 investors. Key investors include FIS, Indiabulls Housing Finance, British Business Bank, NIBC, and SoftBank Vision Fund.
The valuation of OakNorth Bank is $2.8B as of Feb 2019.