Tagged: jonathan thompson

Challenger Bank North Announces Head of Savings as it Gears Up for Full Launch

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

Bank North Prepares to Offer SME Lending with New Hires

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

Bank North Receives Banking License, Expects to Commence Lending in October

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

B-North, a Fintech Building an SME Lending Bank, Makes New Hires, Focused on Acquiring Banking License

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

B-North, a Fintech Building an SME Lending Bank, Tops £500,000 Target on GrowthFunders

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

B-North Appoints New Director Who is Cabinet Office Executive

​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

Fintech B-North, which Lends to SMBs and Is Pursuing Banking License, Acquires Investment from Greater Manchester Combined Authority

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

SME Lender B-North Signs Up Regtech Platform TruNarrative

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

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