The next-generation credit platform that's redefining business borrowing for the "Missing Middle"
London, London, City of, United Kingdom
With offices in London, New York, Manchester, Istanbul, Gurgaon, Bengaluru, Shanghai, Singapore and Hong Kong, OakNorth is the next-generation credit platform that’s redefining lending to small and medium-sized businesses globally.

OakNorth was set up in 2015 by Rishi Khosla and Joel Perlman, who previously co-founded Copal Amba and grew it to 3,000 employees over 12 years, before selling it to Moody’s (NYSE: MCO) in 2014, returning 125 times capital to seed investors.

Since its inception, OakNorth has secured over $1bn from several investors, including: Clermont Group, Coltrane, EDBI of Singapore, GIC, Indiabulls, NIBC, Toscafund, and SoftBank’s Vision Fund.

In the UK, the platform has helped us build a profitable loan book (via OakNorth Bank) of over £4bn and secure over £600m of repayments. In terms of the impact this has had on the economy, OakNorth Bank’s loans have directly helped with the creation of 10,000 new homes and 13,000 new jobs in the UK, as well as adding several billion pounds to the economy. Globally, the platform has been deployed at various banks across North America, Europe, and Asia.

Today, the global team is made up of almost 730 people.
Why Work With Us
Join on of the UK's most successful challenger banks.
We're always interested in speaking to curious, open-minded, ambitious and intellectually-motivated people who are excited about the opportunity to make a real difference to small and medium-sized business lending in the UK.
We expect every team member to be constantly be learning, zero-basing (constantly asking if we were to build it from scratch today, how would we do it?), taking ownership, and executing with entrepreneurial acumen.

Founding Team

Joel Perlman



Rishi Khosla

Chief Executive Officer & Co-Founder
Rishi is the co-founder of OakNorth Holdings, a multibillion-dollar fintech firm focused on unlocking the potential in customised lending to SMEs globally. Prior to this, Rishi was the co-founder and Chairman of Copal Amba, a financial research firm which was scaled to 3,000 employees and sold to Moody’s Corporation in 2014. He is also an early stage investor in several businesses, including Paypal and Indiabulls, and has an MSc in Accounting & Finance from LSE and a BSc in Economics from UCL.