£22.4M
Sumitomo Mitsui Banking Corporation has invested £22.4m in OakNorth through a secondary share purchase.
OakNorth
OakNorth delivers artificial intelligence software for commercial lending and credit analysis.
£22.4MTotal raised
OakNorth provides artificial intelligence software designed to improve commercial lending and portfolio monitoring for financial institutions. Its enterprise platform combines dynamic data sets and machine learning to streamline credit analysis.
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Founders
Joel Perlman
Co-founder
Joel is the co-founder of OakNorth. He previously co-founded Copal Amba and worked as an associate at McKinsey & Company.
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