OakNorth is a digital bank for entrepreneurs, by entrepreneurs. Founded in September 2015 by Rishi Khosla and Joel Perlman, OakNorth addresses the gap in business lending for scaling companies that traditional banks overlook. The bank provides fast, flexible finance from £1 million to tens of millions, alongside business banking and personal savings products.
Since inception, OakNorth has lent over £15 billion, supporting the creation of 61,000 jobs and 36,000 homes across the UK. The company combines deep credit expertise with proprietary technology to deliver bespoke lending decisions in days rather than months. With offices in London and Manchester, OakNorth operates as a fully-licensed digital bank regulated by the FCA and PRA, protecting deposits through the FSCS up to £120,000.
