Brendan Kennedy
Privateer Holdings, Inc.
Robert Kilgour
Dow Investments Plc

Rishi Khosla

ACORN machine

London, UK


ACORN machine

Rishi Khosla
Rishi is the co-founder of ACORN OakNorth, a firm focused on unlocking the potential in bespoke SME lending globally using its data and technology platform.

In the UK, the firm operates as OakNorth - a bank that Rishi and his business partner founded in September 2015 to address the mid-market funding gap in the UK. Since then, the bank has lent over £1bn with clients including LEON, Brasserie Blanc, Galliard, and Frogmore.

Last year, the business completed the largest fintech raise in the UK to date, securing £250m from a number of investors - GIC (the Singaporean sovereign wealth fund), Coltrane Asset Management, The Clermont Group and Toscafund - valuing the company at c.$1.3bn.

Prior to this, Rishi co-founded Copal Amba - a financial research outsourcing business which was acquired by Moody's Corporation (NYSE: MCO) in 2014 after it had scaled to c.3,000 employees across 11 markets. He and his business partner launched that business with just £60k of start-up capital.

Rishi is also an active venture investor and has provided early stage funding to several companies, including two multi-billion dollar companies: Indiabulls and PayPal.

Rishi has a bachelor’s degree in Economics from University College London and a Masters in Accounting & Finance from the London School of Economics.

Rishi Khosla’s Newsfeed

22 Jan 2018
Interview With Rishi Khosla, CEO of OakNorth

OakNorth isn’t perhaps the most high profile Challenger bank in the UK, solving a real problem by serving the ‘missing middle’ who aren’t being served well by existing lenders. Their business began by exploring how they can actually solve this issue, rather than how they could become a great bank- Rishi citing this particular outlook as one of the reasons OakNorth has seen success.

05 Jan 2018
The Rise Of The Unicorn Challenger Bank You've Never Heard Of - OakNorth

Very kind words from Lawrence Wintermeyer in Forbes..."The OakNorth team has quietly and patiently built a great proposition in an under served market, attracted quality clients to test the proposition, built a quality lending book, broke even in under a year, did the biggest raise in UK FinTech this year, became the fastest FinTech unicorn in the UK and Europe, and built out the data science engine behind its move to globally scale to new lenders on a platform, all before making its debutante entrance in the FinTech community over the past few weeks. Nice one team! We’ll keep a watchful eye on OakNorth to see how if fares through a full credit cycle and global scaling. It looks as if the force is with them."

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Rishi Khosla’s Background

Jul 2017 - Present
London, UK
ACORN machine is a fintech platform that enables lenders to originate, underwrite, monitor, and book bespoke loans to SMEs faster, more efficiently and with more rigour.Its cloud-based technology sources millions of data items on SMEs across various parameters, sectors, and markets, and then uses machine learning algorithms to identify data that lenders need to make more informed credit decisions.
Co-founder and Chief Executive Officer
Mar 2015 - Present
London, UK
Founded in 2015, OakNorth is a UK bank that provides fast, flexible and accessible debt finance (loans of £500k to £25m) to fast-growth businesses and established property developers. To date, the bank has lent over £1bn with clients including: LEON, Brasserie Blanc, Galliard and Frogmore, and plans to lend a further £1.5bn in 2018.
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Rishi Khosla’s Education

Masters in Accounting & Finance