About us - OakNorth
With offices in London, New York, Singapore, Istanbul, Gurgaon, Bangalore and Shanghai, OakNorth's mission is to enable growth businesses to obtain the debt finance they need to pursue their ambitions.
Our platform, which we developed to address this problem, is being used by several leading banks around the world, and by us in the UK via our own balance sheet lending.
OakNorth was set up in 2015 by Rishi Khosla and Joel Perlman, who previously co-founded Copal Amba and grew it to 3,000 employees over 12 years, before selling it to Moody's (NYSE : MCO) in 2014, returning 125 times capital to seed investors.
Since its inception, OakNorth has secured over $1bn from several investors, including Clermont Group, Coltrane, EDBI of Singapore, GIC, Indiabulls, NIBC, Toscafund, and SoftBank's Vision Fund.
In the UK, the platform has helped us build a profitable loan book of over $4bn and secure over $600m of repayments. In terms of the impact this has had on the economy, our loans have directly helped with the creation of 10,000 new homes and 13,000 new jobs in the UK, as well as adding several billion pounds to the economy.
Globally, the platform has been deployed at various banks across North America, Europe, and Asia. Today, the global team is made up of 750+ people.
Senior Data Quality Analyst