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How UK fintech OakNorth plans on spending $440 million from SoftBank

How UK fintech OakNorth plans on spending $440 million from SoftBank

OakNorth, a UK fintech that specialises in providing loans to small businesses, is eyeing global expansion and more customers for its underlying technology platform, having recently raised an eye-popping funding round of $440 million (£343 million) from SoftBank’s Vision Fund and Clermont Group. The challenger bank’s cofounder, Joel Perlman, talked at Finovate Europe in London yesterday about how the...