Recent Expansions OakNorth has expanded its offices to Glasgow, United Kingdom, and is now exploring opportunities in the United States through a merger and acquisition strategy, opening up potential new markets and customer bases for sales growth.
Technology Partnership By partnering with Marqeta, a global modern card-issuing platform, OakNorth enables business banking customers to manage cash flow effectively, showcasing an innovative approach that can be leveraged as a selling point to attract tech-savvy clients.
Specialized Lending With bespoke credit services tailored for businesses with £1m-£100m turnover, OakNorth stands out in the market by offering unique financing solutions, presenting a niche opportunity to target high-value clients seeking personalized financial products.
Market Positioning A prominent player in the digital banking sector, OakNorth is positioned among the top 1% of commercial banks globally, offering a competitive edge that can be emphasized in sales pitches to highlight reliability and credibility to potential clients.
Industry Influencer OakNorth's investments into various companies and projects demonstrate financial stability and liquidity, signaling a strong foundation that can attract businesses looking for a reliable banking partner with the capacity for substantial funding.