Corporate
OakNorth drives 33% increase in gross originations in 2025, with 40% of originations coming from the US, delivering £223M in pre-tax profits
Gross originations increased to £2.8bn (2024: £2.1bn) London, UK, 17 March 2026; OakNorth – the leading digital bank for entrepreneurs, by entrepreneurs – today announces it made £223m ($289m[1],) of pre-tax profit in 2025, following record growth in the US. A decade of empowering entrepreneurs Over the past decade, OakNorth has provided more than £15.1bn […]
Corporate
OakNorth completes strategic transaction with Monite to further enhance its business banking offering
London, 10th March 2026; OakNorth – the leading digital bank for entrepreneurs, by entrepreneurs – today announces the completion of a strategic transaction with Monite, the all-in-one financial management platform for businesses. The transaction, which includes the transition of Monite’s core technologies and the onboarding of its product and engineering teams, will enable OakNorth to […]
Corporate
OakNorth collaborates with OpenAI to strengthen its AI-led digital banking and deliver superior outcomes for lower middle-market businesses
OakNorth is targeting a significant increase in firmwide productivity gains in Q2 2025, with tribe-focused, functional-led and firmwide AI initiatives in play 7 May, 2025; OakNorth – the leading digital bank for entrepreneurs, by entrepreneurs, today announces a collaboration with OpenAI to further embed generative AI technologies across its business and unlock new levels of […]
Corporate
OakNorth surpasses $1bn in lending to US businesses since July 2023
OakNorth began lending in the US in July 2023, supporting both US lower mid-market businesses, as well as UK/US lower mid-market businesses with their expansion. New York, 02 May, 2025: OakNorth, the leading digital bank for entrepreneurs, by entrepreneurs, has surpassed $1bn of lending in the US since it began lending there in July 2023, […]
Corporate
OakNorth deepens support for US lower mid-market businesses with acquisition of Michigan-based, Community Unity Bank
Since it began operating in the US in July 2023, OakNorth has lent over $700m to the lower mid-market Monday 17th March, 2025: OakNorth, the leading commercial digital bank for entrepreneurs by entrepreneurs, today announces that it has agreed to purchase Community Unity Bank (CUB), the home-grown, FDIC-insured community bank based in Birmingham, Michigan, in […]