OakNorth

Launched in September 2015, OakNorth is transforming how entrepreneurs grow their businesses by providing them with access to much-needed credit and personalised banking services. It leverages data and analytics to apply larger company lending strategies to smaller and mid-size growth companies (£1m-100m revenue) with big ambitions, to help them expand and innovate.

Since its launch, the bank has:
Lent over £10b to these businesses, directly helping with the creation of 40,000 new jobs and 29,000 new homes across the UK.
Raised deposits from c.175,000 savers.
Supported several hundred businesses across the UK with the debt finance to pursue their growth ambitions.