SoftBank backed Challenger Bank OakNorth Claims it’s been Lending to UK SMEs at Record Levels During COVID

SoftBank-backed Fintech firm OakNorth claims that it has been issuing loans at record levels following the COVID-19 outbreak. Established in 2015, OakNorth was recently valued at $2.8 billion and has managed to achieve profitability. This is not too common for many of the firms or… Read More
Read more in: Fintech, Global | Tagged banking challenger, cbils, challenger bank, coronavirus, coronavirus business interruption loan scheme, covid-19, europe, lending, oaknorth, rishi khosla, small businesses, smbs, sme's, softbank, softbank vision fund, sumitomo mitsui bank, uk, united kingdom