# OakNorth

**Source:** https://www.startuphub.ai/startups/oaknorth
**Profile type:** Startup

> A UK challenger lending bank providing loans to small and medium-sized businesses.

## About

OakNorth is a UK challenger lending bank that provides loans to small and medium-sized businesses in the lower mid-market. The company also operates in the US, having entered the market in 2023 and made its first US acquisition of a Michigan-based bank in 2025. OakNorth aims to support commercial firms with its lending facilities.

## Key facts

- **Slug:** oaknorth
- **Website:** https://www.oaknorth.com/
- **Location:** London, England, United Kingdom
- **Founded:** 2015-09-01 00:00:00
- **Operating status:** Active
- **Total funding:** $440M
- **Sectors / tags:** Fintech, Lending, Banking, Financial Services, AI
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/oaknorth/
  - Twitter: https://twitter.com/OakNorth
  - Facebook: https://www.facebook.com/oaknorthbankuk

## Frequently asked

### What does OakNorth do?

OakNorth is a UK challenger lending bank that provides loans to small and medium-sized businesses in the lower mid-market. The company also operates in the US, having entered the market in 2023 and made its first US acquisition of a Michigan-based bank in 2025. OakNorth aims to support commercial firms with its lending facilities. (formerly [].)

### What is OakNorth's revenue?

StartupHub estimates OakNorth's annual revenue at $173.9M (range $163.7M to $622.2M, 42% confidence), based on comparable companies in the sector.

### What is OakNorth's valuation?

StartupHub estimates OakNorth's effective valuation at $4.2B (range $3.3B to $13.4B, 41% confidence), based on comparable companies in the sector.

### How much funding has OakNorth raised?

OakNorth has raised a total of $440M in funding. The most recent round on record is Series C.

### Where is OakNorth headquartered?

OakNorth is headquartered in London, England, United Kingdom.

### When was OakNorth founded?

OakNorth was founded in 2015.

### What industry does OakNorth operate in?

OakNorth operates in Fintech, Lending, Banking, Financial Services, AI.

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