1. Market Research
  2. > Financial Services
  3. > Banking Market Trends
Competitor Profile: OakNorth

Competitor Profile: OakNorth

  • December 2019
  • 14 pages
  • ID: 5834970
  • Format: PDF
  • By GlobalData

Summary

Table of Contents

Search Inside

Competitor Profile: OakNorth

Summary
OakNorth is a digital-only lender that was founded in 2015 by Rishi Khosla and Joel Perlman. It offers personalized mortgages for high net worth customers in eight international currencies, business loans between £500,000 ($658,000) and £40m ($52.7m) with fixed-term and rolling credit options available, and savings accounts for both retail and business customers. The bank currently operates solely in the UK but plans to expand into multiple countries, notably China and the US.

This report provides information and insight into OakNorth, including comprehensive coverage of its products and services, a comparative assessment with its key competitors, information on its funding and financial performance, and details of its events and milestones.

Scope
- OakNorth uses its savings and lending bank as a model to prove the effectiveness of its Analytical Intelligence platform, which it licenses to banks in Europe and the US.
- The company has been profitable since its first year of operation, with pre-tax profits rising 220% in 2018 to $44.6m.
- The bank takes just five days to approve credit and another 10-15 days to translate this into cash for the borrower.
- By automating and digitizing the mortgage approval process, the bank can deliver Wall Street levels of service while also offering higher-than-average savings APRs to retail and business customers.

Reasons to buy
- Gain insight into OakNorth’s business operations and key events.
- Explore its product portfolio and partnership strategy.
- Assess the competitive dynamics in the retail banking industry by comparing OakNorth’s performance against its competitors.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Security Advisory Services Market by Service Type, Organization Size, Vertical And Region - Global Forecast to 2024

Security Advisory Services Market by Service Type, Organization Size, Vertical And Region - Global Forecast to 2024

  • $ 4950
  • October 2019

The security advisory services market is expected to grow at a CAGR of 19.3% during the forecast period due to the push from regulatory bodies across the globe and increase in adoption of hybrid network ...

Latin America, Middle East & Africa Digital Lending Platform Market (2019-2025)

Latin America, Middle East & Africa Digital Lending Platform Market (2019-2025)

  • $ 1500
  • December 2019

The Latin America, Middle East and Africa Digital Lending Platform Market would witness market growth of 23.8% CAGR during the forecast period (2019-2025).Digitization has been the most widely adopted ...

Algorithmic Trading Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

Algorithmic Trading Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

  • $ 1999
  • December 2019

The global algorithmic trading market is expected to grow at a CAGR of around 10% during 2019-2024.Algorithmic trading, or Algo-trading, is the procedure of using computer programs with a pre-defined set ...

Competitor Profile: Cleo $ 350 January 2020

Competitor Profile: Up $ 350 January 2020

Competitor Profile: Simple $ 350 October 2019


ref:plp2019

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on