OakNorth

The next-generation SME credit and monitoring platform Two-sided approach: Lending-as-a-Platform for international bank partners and Balance Sheet Lending via OakNorth Bank in the UK, specifically targeting the underserved segment of SME loans between €500.000 and €25M The lending platform leverages machine learning, in-house credit expertise and very large data sets to lend profitably and increase operating efficiencies Running on cloud-based core banking system by Mambu , AWS and nCino's Bank Operating System, which leverages Salesforce.com's cloud architecture Latest KPIs: return on equity: 19%, cost-to-income ratio: 32%, borrower Net Promoter Score 80.5% Claims that more than 1/3 of new borrowing leads come from client referrals