Inside the US expansion plans of OakNorth, an aspiring ‘Bloomberg of SME lending’

OakNorth offices

U.K.-based digital lender OakNorth is using its tech platform as the pillar of its U.S. expansion strategy. The company, which has a U.K. banking license and is currently valued at $2.8 billion, is an anomaly among digital-only challenger banks because it’s been profitable for more than a year — a milestone that stands in contrast to …Read More

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