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OakNorth provides tailored lending and savings services in the UK. It specializes in senior debt finance for ambitious businesses, including property developers and hospitality ventures, offering fast, flexible loans from small sums to tens of millions of pounds and can support management buyouts. Its products work by delivering loans in days or weeks rather than months, using data-driven underwriting and close collaboration with private equity firms, sponsors, and business owners. In addition to lending, OakNorth offers savings accounts to individuals, with customer deposits supporting local business expansion. The company differentiates itself through speed, customized debt structures, a focus on senior debt for ambitious growth, and a strong customer-delight mindset, aiming to help businesses scale quickly while fostering community impact. Its goal is to fuel business growth and community development in the UK by providing accessible capital and trusted savings options.
Industries
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Grant
Total Funding
$15.8M
Headquarters
London, United Kingdom
Founded
2015
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Total Funding
$15.8M
Above
Industry Average
Funded Over
0 Rounds
Flexible Work Hours
Paid Vacation
Parental Leave
Company Equity
Commuter Benefits
OakNorth provides an £11.7m loan to Cinch Self Storage to develop two new purpose-built facilities in Bedford and Leeds, adding 120,000 sq. ft of space.
Investec boosts rate on its one-year cash Isa fix to make it a best buy as deals keep improving for savers. Updated: 05:13 EDT, 9 June 2026 Investec has boosted the rate on its one-year cash Isa fix to 4.68 per cent as savings deals continue to nudge higher. Savers are seeing increased competition across the board, with fixed-rates leading the charge. The Investec deal leapfrogs Hodge Bank, Secure Trust Bank and Oaknorth, all of which are offering 4.67 per cent. The Isa can be opened with a minimum of £1,000 online, however, it doesn't offer transfers in. Savers currently have a £20,000 annual tax-free allowance for 2026/27, which will be cut to £12,000 for under 65s from April 2027. Money with Investec is protected under the Financial Services Compensation Scheme to the tune of £120,000. Exclusive data from Investec Save for This is Money shows over the past three months, average rates on top-paying savings accounts have risen by more than half a percentage point. The biggest increases have been seen in two-year fixes, with the average interest rate paid by the top 60 accounts rising 0.51 per cent to 4.53 per cent. Nearly three out of four two-year accounts have increased rates, according to Investec analysis. Across the top 60 one-year bonds, the average has increased by 0.49 per cent to an average 4.57 per cent with more than nine out of 10 accounts boosting rates. Investec Save also shows three-year bonds have risen 0.49 per cent while the top one-year fixed-rate cash Isas are up 0.47 per cent. David Hunt, head of savings at Investec, said: 'The speed at which rates are rising highlights the competition among providers and gives savers a much wider range of options on where to deposit their money and in which type of accounts. 'People need a range of accounts whether it's fixed rates or instant access depending on what they need the money for.' Where are the best fixed rates? For a one-year fix, the best rate comes from MBNA with a 4.85 per cent rate. The best two-year fix also offers 4.85 per cent, which comes from Recognise Bank. The top rate overall comes from Oxbury Bank which has a 4.88 per cent rate - but that requires locking away money until 2031. On the cash Isa front, the very best one-year rate now comes from Investec at 4.68 per cent - but as previously mentioned, this doesn't accept transfers in. The top two year fix from Secure Trust Bank offers 4.73 per cent - and no other fix beats this, including the best five-year rates. Share or comment on this article: Investec boosts rate on its one-year cash Isa fix to make it a best buy as deals keep improving for savers. No one seems to have shared their thoughts on this topic yet More top stories. Best buy savings tables. FREE SAVINGS ALERTS The best rates straight to your inbox How this is Money can help. Don't miss. Sponsored guide. Latest from saving & banking. Inside saving & banking. Premium bonds winners. | Prize | Area | Value of bond | | £1,000,000 | Leeds | £8,300 | | £1,000,000 | Cheshire West And Chester | £23,400 | | £100,000 | Brighton And Hove | £2,000 | | £100,000 | Outer London | £3,550 | | £100,000 | West Yorkshire | £5,000 | | £100,000 | Stockport | £46,800 | | £100,000 | Norwich | £9,900 | | £100,000 | East Sussex | £26,000 | More June 2026 winners More must reads...
Total Capital backs MBO at Radiocoms. Posted on Wednesday, April 22, 2026 - 12:04 Radiocoms has completed a management buyout backed by Total Capital Partners, marking a key milestone for the company as it aims to accelerate growth and expand its capabilities in the comms sector. OakNorth provided the funding package to Radiocoms, to support Total Capital Partners' investment and enable Chief Executive Officer (CEO) Mark Blythe to lead a management buyout alongside a targeted buy-and-build strategy. Over the last FY 2025, the independent comms and security networks provider Radiocoms delivered strong growth, reaching £38.7m turnover and double-digit EBITDA margins and supported by continued investment in engineering and advanced integrated technologies. Total Capital Partners' investment will give the backing for a management buyout from the founding shareholders. The independent sponsor initially backed a plan to boost the growth of the business both organically and via acquisition, with a targeted buy-and-build strategy already in place and additional funding support committed to underpin this growth. This new investment will support Radiocoms' next phase of growth, including expanding its presence across defence and critical infrastructure markets, investing in new technologies, and executing its acquisition strategy. "From the outset, OakNorth demonstrated a deep understanding of our business and the dynamics of sponsor-backed transactions," Blythe said. "Their experience in supporting management buyouts, combined with their speed, flexibility and ability to deliver certainty of execution, made them a highly valued partner throughout the process." Image shows: Mark Blythe, Chief Executive Officer (CEO) at Radiocoms Related Topics
OakNorth has provided a £50 million revolving credit facility to CLS Holdings to support refinancing and asset management across its European property portfolio. The London-listed real estate investor owns office and commercial assets across the UK, Germany and France, with a portfolio valued at approximately £1.7 billion. The facility will refinance existing debt and fund ongoing investments including refurbishment, leasing activity and asset repositioning. CLS Holdings manages over 650 occupiers across 80 sites. Harry Stokes, Chief Financial Officer at CLS Holdings, said OakNorth demonstrated strong understanding of the business and delivered the solution quickly. The funding will support continued investment in high-quality, sustainable office space whilst maintaining disciplined capital allocation.
OakNorth Bank's US business lending operations will surpass its UK portfolio within a year, co-founder and CEO Rishi Khosla said at Semafor World Economy on Tuesday. The London-based bank, founded in 2015, targets businesses with annual revenues between $1 million and $100 million, a segment Khosla described as "fundamentally and structurally underserved". OakNorth expanded into the United States in 2023 and surpassed $1 billion in lending to American businesses last year. Khosla said the 2023 US banking crisis triggered the expansion, as the company sought to fill the gap left by banks focusing on larger clients.
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Industries
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Grant
Total Funding
$15.8M
Headquarters
London, United Kingdom
Founded
2015
Find jobs on Simplify and start your career today