OakNorth

UK Digital Banks Can’t Disburse Gov’t Funds To COVID-19-Affected Firms
UK Digital Banks Can’t Disburse Gov’t Funds To COVID-19-Affected Firms
March 26, 2020  |  Coronavirus

Digital banks that weren’t part of an earlier funding scheme lack the accreditation necessary to send relief to people affected by the coronavirus, according to...

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Former Google Exec To Lead AI Tech Division At OakNorth
Former Google Exec To Lead AI Tech Division At OakNorth
October 07, 2019  |  Artificial Intelligence

OakNorth, a FinTech backed by SoftBank, has hired former Google executive Sunil Chandra to lead its artificial intelligence (AI)-based technology arm. The Financial Times is...

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SoftBank’s Vision Fund Focuses On Growth-Stage Companies
SoftBank’s Vision Fund Focuses On Growth-Stage Companies
April 30, 2019  |  Investments

With bets on companies such as Uber and WeWork, SoftBank has become a tech investment powerhouse. But making money is not necessarily the end-all be-all...

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OakNorth Links To Faster Payments Via ClearBank
OakNorth Links To Faster Payments Via ClearBank
February 26, 2019  |  B2B Payments

U.K. challenger bank OakNorth is teaming up with ClearBank, allowing OakNorth to link into the Faster Payments Scheme. IBS Intelligence reports on Monday (Feb. 25)...

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Sage, Modulr Link For Supplier Payments, Payroll; Tappy Technologies Teams With Timex
Sage, Modulr Link For Supplier Payments, Payroll; Tappy Technologies Teams With Timex
February 25, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Hong Kong-based Tappy Technologies‘ collaboration with the Timex Group....

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UK Challenger Bank OakNorth To Launch In US With $440M In Funding
UK Challenger Bank OakNorth To Launch In US With $440M In Funding
February 11, 2019  |  B2B Payments

OakNorth Holdings announced that it has secured $440 million in funding from the SoftBank Vision Fund and the Clermont Group. This latest round brings OakNorth’s total...

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OakNorth: How AI Can Fuel Banks’ Return To SMB Lending
OakNorth: How AI Can Fuel Banks’ Return To SMB Lending
October 31, 2018  |  B2B Payments

Small businesses (SMBs) left behind by their banks, thanks to tightening risk and capital requirements post-financial crisis, certainly left a gap in the SMB lending...

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