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Greensill, Metro Bank, OakNorth, and Secure Trust Bank join CLBILS

News | Payments General | 11 Jun 2020

The British Business Bank has announced new lenders added to its coronavirus lending schemes.

Greensill, Metro Bank, OakNorth, Secure Trust Bank, CLBILS, lenders, British Business Bank, UK, coronavirus, lending scheme, government-backed loans, Growth Lending, inFund, Invocap, NEL Fund Managers, Triple Point, Paragon Bank, CBILS, Bounce Back Loans

OakNorth receives GBP 160 mln in government-backed loans

News | Payments General | 22 May 2020

OakNorth has received a new tranche of cash from the government to lend to companies hit by the coronavirus pandemic.

OakNorth, loans, coronavirus, British Business Bank, economic stimulus package, CBILS, CLBILS, BBL, lenders

MarketFinance, Capital on Tap secure CBILS and Bounce Back Loan approvals

News | Payments General | 13 May 2020

The British Business Bank has approved MarketFinance and Capital on Tap, among other lenders, for accreditation under both the CBILS and BBL schemes.

MarketFinance, Capital on Tap, British Business Bank, CBILS, BBL, Bounce Back Loan, Bank Leumi, Shawbrook Bank, Bank of Ireland UK, Skipton Business Finance, SME, government-backed guarantee, loans, Starling Bank, OakNorth, Funding Circle

Modern Bank partners with OakNorth to support US businesses through the Covid-19 crisis

News | E-invoicing, SCF & E-procurement | 16 Apr 2020

OakNorth, the credit analysis and monitoring platform, and Modern Bank have announced a strategic partnership to support US businesses through the COVID-19 pandemic. 

Modern Bank, OakNorth, US, COVID-19, loans, businesses

OakNorth helps Customers Bank increase its PPP commitment to support US SMEs

News | Payments General | 13 Apr 2020

Customers Bank has processed loan applications totalling more than USD 200 million to help save American businesses.

Customers Bank, loans, SMEs, financing , US, COVID-19, OakNorth, US

OakNorth to provide a credit platform for Customer Bank

News | E-invoicing, SCF & E-procurement | 09 Apr 2020

UK-based credit and monitoring platform OakNorth has signed a commercial agreement with Customers Bank in its US bank partnership.

OakNorth, US, Customers Bank, credit, partnership, loan, COVID-19, big data, AI, NIBC, OIMIO, Netherlands, SMEs

NIBC Bank and OakNorth sign five-year agreement

News | Payments General | 03 Jul 2019

Netherlands-based NIBC Bank has strengthened its existing partnership with OakNorth, by entering into a five-year contract with the credit platform.

NIBC Bank, OakNorth, partnership, Netherlands, credit platform, fintech, financial technology, Europe, Commercial Bank, financing , debt, equity

SoftBank leads USD 440 mln funding round in UK challenger bank OakNorth

News | Payments General | 08 Feb 2019

UK challenger bank OakNorth has closed a USD 440 million funding round with the SoftBank Vision Fund and the Clermont Group.

Softbank, OakNorth, funding, lending