# OakNorth UK

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oaknorth-uk

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.oaknorth.com
- Total disclosed funding: $205M
- Latest round: Series B (Oct 12, 2017)
- Investors on record: 3

## About

Founded in 2015 and based in London, UK, OakNorth Bank plc aka OakNorth UK Ltd operates an AI-integrated platform that provides online banking solutions including personal saving accounts, loans, and business credit financing services. The company was co-founded by Rishi Khosla (CEO) and Joel Perlman. In August 2025, Affinity Partners agreed to acquire an 8% minority stake in OakNorth UK Ltd. Financial terms were not disclosed. The company offers digital banking services to its customers. It uses data-driven technology to provide its services. The firm solution range includes business loans, business banking, and many others. Additionally, the firm provides personal saving and financing solutions.

## Funding rounds

- Series B, Oct 12, 2017, $205M — Coltrane Asset Management, Toscafund Asset Management, Clermont Group

## Investors

- Coltrane Asset Management (https://capitalatlas.ai/funds/coltrane-asset-management) — Series B
- Toscafund Asset Management (https://capitalatlas.ai/funds/toscafund-asset-management) — Series B
- Clermont Group — Series B