OakNorth is Europe’s Most Valuable Fintech and is Profitable

The company is currently valued at $2.8 billion and has lent $4 billion to British businesses with zero defaults; the company announced it had secured a $440 million investment earlier this year, led by SoftBank’s Vision Fund; another thing that sets the company apart is that they are profitable; their 2018 results shared that they had increased pre-tax profits by 220% to $46 million; OakNorth did this despite it being only their third year of operations; Forbes profiles other aspects of their business and what makes them unique. Source

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