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Leading hotel family business, JMK Group, completes £48m double loan from OakNorth and REL Finance
JMK Group is a family-run, privately owned hospitality business founded in 2009, which started as a small boutique hotel in Kensington; Since then, the Group’s portfolio has grown to include hotels, properties, and cafes across London and Ireland; The double loan from OakNorth and REL Finance has been utilised to acquire an office building in […]
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 […]
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 […]
OakNorth names globally experienced finance leader Gergely Zaborszky as CFO
London, UK – 23rd February, 2026 – OakNorth – the digital bank for entrepreneurs, by entrepreneurs – has announced the appointment of Gergely Zaborszky as its new Chief Financial Officer (CFO), subject to regulatory approval, effective from July 2026. Gergely succeeds Rajesh Gupta, who will retire this year after more than five years with the […]
UK private equity fund, Hypha, to acquire leading EdTech provider, Pass, following £5m loan from OakNorth
Founded by Chris Wardle, Matthew Evans-Young and Matt Pomroy, Hypha is a UK private equity firm, investing in growth-oriented businesses in the technology, healthcare and advanced manufacturing sectors; Launched in 2016, Pass offers an AI-powered learning and teaching platform for educators looking to improve maths and English outcomes; Headquartered in Harrogate, North Yorkshire, Pass’ clients […]
OakNorth provides £7.5m loan to support the expansion of Royal Elizabeth Yard for purpose-built whisky maturation facilities near South Queensferry
Formerly a World War II naval storage depot, the 50-acre Royal Elizabeth Yard has consent to become Scotland’s largest independent bonded warehousing facility; Located less than seven miles from Edinburgh city centre, the site’s capacity exists to mature more than 1.1m casks in a fully managed facility operating at net zero emissions; The £7.5m loan […]
