Tagged: jonathan thompson

March 9, 2022 @ 11:49 am By JD Alois  |  

Bank North, a forward-thinking bank serving UK SMEs, has added several new executives to its team. According to a note from the company, the bank has appointed a Head of Valuations, Head of Financial Reporting and Financial Control, Head of Underwriting, and acting Treasurer, along… Read More

January 18, 2022 @ 11:01 am By JD Alois  |  

Challenger Bank North, a modern spin on SME banking, has kicked off lending with its first “regional pod” in Manchester. Bank North notes that lending is commencing following a debt facility provided by Insight Investment announced in December 2021. Bank North received its banking license last… Read More

November 29, 2021 @ 9:45 am By JD Alois  |  

Bank North, a challenger bank that is digital-first with a unique strategy with physical operations, has hired Louise Halliwell as Head of Savings. Bank North recently completed a Series A funding round after receiving a Banking License (AWR (Authorised with Restrictions)) approved by the Financial Conduct… Read More

October 11, 2021 @ 7:58 am By JD Alois  |  

Bank North, a challenger bank that recently received its banking license, has added to its executive team as it prepares to offer SME lending starting a regional market estimated to be around £150 billion. Bank North received its banking license in August. It has previously… Read More

August 25, 2021 @ 8:47 am By JD Alois  |  

Previously doing business as B-North, Bank North has been granted a banking license (Authorised with Restrictions or ‘AWR’) by the UK’s Prudential Regulation Authority (PRA). Bank North reports that it has also closed a successful Series A funding round, raising money from LHV Group, LHV… Read More

May 17, 2021 @ 7:32 am By Omar Faridi  |  

Manchester-based B-North, the challenger developing an SME lending bank for the United Kingdom, has hired five more professionals to support its finance and risk departments. David Travis has joined as B-North’s Secretary and General Counsel, Andrea Harrison will be serving as Head of Financial Reporting… Read More

May 4, 2021 @ 9:27 am By JD Alois  |  

B-North, the Manchester-based Fintech building an SME lending bank for the UK, has topped its £500,000 target on GrowthFunders. As it stands today, B-North has raised £560,598 backed by 48 online investors as well as 27 professional investors. The Series A “bridge stub round” is… Read More

February 8, 2021 @ 11:50 am By JD Alois  |  

​B-North, a digital lender that is in the process of acquiring a full banking license, has appointed Nimisha Patel to its board of directors. Patel is currently the Chief Digital Information Officer at the Cabinet Office, responsible for helping to shape the technology strategy at… Read More

January 8, 2021 @ 9:30 am By Omar Faridi  |  

Fintech firm B-North, which facilitates loans for small businesses and is currently seeking a banking license, has reportedly entered a deal with Channel 4 Ventures. Manchester-headquartered B-North confirmed that it has acquired a follow-on investment of £250,000 from the Greater Manchester Combined Authority. The challenger… Read More

May 18, 2020 @ 4:23 pm By JD Alois  |  

SME lender B-North has enlisted Regtech platform TruNarrative to provide onboarding and compliance technology, according to a company release. Reportedly, the move comes ahead of authorization by the FCA and PRA. Ahead of authorization from the FCA and PRA, B-North is set to procure TruNarrative’s… Read More