Founded in 2015 by entrepreneurs, OakNorth is a digital bank focused on empowering scaling businesses with £1m-£100m in turnover that are often overlooked by traditional banks. Through fast, flexible debt finance, OakNorth has injected over £11bn into UK and US communities, supporting growth across diverse sectors, including healthcare, hospitality, manufacturing, property development, and more.
OakNorth also offers tailored business banking solutions, including current accounts and savings vaults, designed to help businesses scale at speed. For personal savers, the bank provides competitive savings accounts, enabling customers to achieve their financial goals while contributing to the growth of UK entrepreneurs and high-growth businesses.
It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Visit www.oaknorth.co.uk for more information.
We have quite a few investments with Oaknorth and they have been absolutely superb, I would definitely recommend.
The web site is easy to use but if you have a telephone they are always very helpful.
Easy transfer of funds from one account to new account.
Everything from start to finish was very efficient.
OakNorth’s interest rates on fixed term bonds are competitive. Running the account online is straightforward and options for transferring money when a bond matures are easy to negotiate.
It was easy to add savings and to see balance in account. Rate was good.
They always are ver6 helpful
Excellent service, very easy to set up account, staff very helpful and good interest rates! Would recommend
I had been scammed and was feeling extremely anxious. OakNorth contacted me and I was able to phone and speak to someone immediately and they put a 'stop' on the account.
Easy to navigate site. Competitive rates. Reinvesting was very easy.
Everything went smoothly with reinvestment as far as I know.
Providing a great service and great rates !!
Just very simple & easy to deal with.
Easy to use App. Customer service and communication about my accounts is very timely.
Very easy to sort my end of fixed term account. Timely email and text reminders
Easy to set up the account. NorthOak are quick to acknowledge receipt of funds which is reassuring.
Ease of transaction
Keeps me well updated and has good savings rates
It is easy to use.
Iceman
Dec 06,2024The complete process in setting up and opening an account was simple and straight forward.