Built for Better Business Banking: Multi-company business banking, without the headache

By Ben Evans, Senior Product Manager, Business Banking at OakNorth 
Ben works closely with our customers and product teams to make business banking feel less like banking, and more like progress. 

When one account isn’t enough

OakNorth Business Banking started with a simple idea: open an account quickly and get on with running your business. But for many of our customers, one company wasn’t the whole story. 

Some have a trading company and a holding company. Others are serial founders, building multiple ventures in parallel. Again and again, we heard the same frustration:

“I want to bank with you for all my companies – but it’s too much hassle.”  

Banking that keeps pace with modern businesses

Opening a second or third account with a traditional bank often felt like starting from scratch – slow, repetitive, and disconnected. Customers told us they had to re-upload the same documents, wait through long onboarding times, and switch between different platforms just to stay on top of things. A few even relied on spreadsheets to track cashflow across entities. 

We knew there had to be a better way. 

Designed around how our customers actually work

So we rebuilt the experience with two goals in mind: speed and simplicity. Now, if you’ve already opened a business account with OakNorth, you can apply for additional company accounts directly from your web dashboard. No need to submit duplicate forms or same ID uploads.

You’ll manage all your business accounts from one login, with the same visibility and control across each one. Switching between companies takes seconds, not minutes. 

It’s business banking designed for multi-entity businesses – with the clarity and control you need to stay focused on growth. 

Less admin, more action

Customers are already telling us this feature saves them hours – and helps them feel on top of their banking. They can move faster, avoid duplication, and trust that their banking setup is working with them, not against them. 

More than anything, it shows we’re listening and building tools that reflect the realities of running multiple companies. 

What’s coming next

We’re not stopping here. Next, we’re focused on making it easier to manage users, permissions and activity across all their businesses – all from a single dashboard. The aim is to provide more visibility and flexibility, without adding complexity. 

Because whether you’ve got one company or ten, your banking should move at your pace, not hold you back. 


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