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Rishi Khosla OBE

Co-Founder and CEO of OakNorth

London, UK

Rishi Khosla

Rishi’s Biography

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Rishi Khosla OBE is an entrepreneur, philanthropist and investor. He is the CEO and Co-Founder of a leading financial technology company, OakNorth.

As a capitalist, he believes entrepreneurs drive innovation, social progress and economic growth, and that everyone can prosper by adopting an entrepreneurial mindset.

This vision led Rishi Khosla to build his first business, Copal Partners (which later became Copal Amba) in 2002 with his business partner, Joel Perlman. Together, they grew the business to 3,000 employees across 11 markets, before selling it to Moody’s Corporation in 2014.

In 2015, they launched OakNorth on the belief that the level of depth, detail, data and analytics that has typically been limited to institutional banking can be applied to commercial banking, and in doing so, power the commercial economy of the future.

Rishi Khosla is deeply invested in fostering an entrepreneurial spirit and are creating environments for aspiring entrepreneurs through their Mentorpreneurship Programme in partnership with LSE Generate. The Programme is helping support initiatives... Rishi Khosla OBE is an entrepreneur, philanthropist and investor. He is the CEO and Co-Founder of a leading financial technology company, OakNorth.

As a capitalist, he believes entrepreneurs drive innovation, social progress and economic growth, and that everyone can prosper by adopting an entrepreneurial mindset.

This vision led Rishi Khosla to build his first business, Copal Partners (which later became Copal Amba) in 2002 with his business partner, Joel Perlman. Together, they grew the business to 3,000 employees across 11 markets, before selling it to Moody’s Corporation in 2014.

In 2015, they launched OakNorth on the belief that the level of depth, detail, data and analytics that has typically been limited to institutional banking can be applied to commercial banking, and in doing so, power the commercial economy of the future.

Rishi Khosla is deeply invested in fostering an entrepreneurial spirit and are creating environments for aspiring entrepreneurs through their Mentorpreneurship Programme in partnership with LSE Generate. The Programme is helping support initiatives in the educational space, working with schools and academies to encourage the entrepreneurial spirit in the next generation.

Rishi Khosla believes in fostering potential at an early level. The ambition of his and his wife’s foundation, The Rishi and Milan Khosla Foundation, is to support and boost early childhood development, which is key to enabling and nurturing the agency, creativity and curiosity that unleashes potential. The Foundation is also committed to supporting diversity in the entrepreneurial space. One way in which it does this is by driving female empowerment in underprivileged communities; for example, by supporting women starting micro-enterprises in the Himalayas.

Rishi Khosla was awarded an OBE (Order of the British Empire) in HM The Queen’s 2020 New Year Honours list for his services to business. moreless

Rishi’s Newsfeed

The Times

Opting for HSBC is ‘lost opportunity’ for UK ambition, warns OakNorth founder

Rishi Khosla, co-founder and chief executive of OakNorth Bank, warned that the decision to hand Silicon Valley Bank’s British business to HSBC could undermine ambitions for the UK to become a technology superpower.

Reuters

SoftBank-backed OakNorth leans towards U.S. IPO

Rishi Khosla, chief executive of OakNorth Bank, is considering a prospective stock market listing in the United States.

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Rishi’s Background

OakNorth Credit Intelligence

Co-Founder

Sep 2015 - Present

London, UK

OakNorth Credit Intelligence is a fintech platform enabling 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 uses machine learning algorithms to identify data that lenders need to make more informed decisions.

OakNorth Bank

Co-Founder and Chief Executive Officer

Sep 2015 - Present

London, UK

Launched in 2015, OakNorth Bank helps the UK's most ambitious firms access the rapid, flexible debt finance they need to expand, while helping savers make their money go further. With capital ranging from £250,000 to millions of pounds, the bank has lent several billion pounds to firms across a variety of sectors, directly contributing to the creation of thousands of new jobs and affordable homes.

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Rishi’s Gallery

Current Board Positions

OakNorth Credit Intelligence

Board Member

London, UK

OakNorth Credit Intelligence is a fintech platform that enables lenders to originate, underwrite, monitor, and book bespoke loans to SMEs faster, more efficiently and with more rigour.

OakNorth Bank

Board Member

London, UK

OakNorth Bank is a UK bank that provides fast, flexible and accessible debt finance to fast-growth businesses and established property developers.

Philanthropy

Rishi & Milan Khosla Foundation

Co-Founder

London, UK

The Rishi and Milan Khosla Foundation is a private family foundation founded by Rishi and Milan Khosla focused on supporting new and innovative projects which deal with some core societal issues, including early childhood development, female empowerment, the environment.

Media

Bloomberg UK Politics Podcast

Nov 2022

Rishi Khosla is interviewed on Bloomberg Radio’s UK Politics Podcast and discusses how to make London a more attractive listing option for tech companies and the importance of balancing growth and profitability in business.

OakNorth CEO Rishi Khosla OBE

Podcast

Aug 2022

‘Inside the ICE House’ takes listeners behind the scenes of the New York Stock Exchange. In this podcast, host Josh King talks to Rishi Khosla, founder of challenger bank OakNorth.

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Interviews

Rishi Khosla: Those Who Think Young

Dec 2022

In a new series focused on the startup ecosystem, Entrepreneur India talks to co-Founder and CEO of OakNorth, Rishi Khosla, about creating successful fintech businesses, favourite books and India-UK bilateral trade.

Bloomberg UK Politics Podcast

Nov 2022

Rishi Khosla is interviewed on Bloomberg Radio’s UK Politics Podcast and discusses how to make London a more attractive listing option for tech companies and the importance of balancing growth and profitability in business.

OakNorth redefines the way banks lend to the missing middle

Oct 2022

In a video interview for Economic Times’ BFSI FinTech diary, Rishi Khosla shares his vision for OakNorth.

Challenger banks being stifled by regulation

Sep 2022

London, UK

OakNorth's founder, Rishi Khosla, says that smaller digital lenders in the UK are being hampered by overburdensome regulation.

NYSE Floor Talk: Rishi Khosla, CEO, OakNorth

Jul 2022

New York, NY, USA

OakNorth CEO, Rishi Khosla, talks to NYSE Floor Talk about the measures OakNorth is putting in place to mitigate and manage climate change risk.

OakNorth's Khosla on Inflation

May 2022

Rishi Khosla, co-founder of OakNorth, talks to Bloomberg TV about working from home, the effects of the cost of living crisis on SMEs, and the possibility of an IPO.

Bain & Company: The Future of Banking

May 2022

In this video interview for Bain & Company's 'The Future of Banking' series, Rishi Khosla discusses how companies and institutions can encourage inclusion and diversity.

The challenges in sustainable finance

May 2022

London, UK

Rishi joins CNBC's ESG Council to discuss the strategies and challenges that businesses face in creating and developing solutions for sustainable finance.

OakNorth chief Rishi Khosla interview: Will my £3.8bn bank list in London? Probably!

Interviewed

Apr 2022

London, UK

In an interview with This is Money, Rishi discusses his mission to help entrepreneurs and small businesses.

Rishi Khosla on Sky News: lending smarter, faster and more

Apr 2022

London, UK

In this interview with Sky News, Rishi discusses OakNorth Bank and its software project, ON Credit Intelligence Suite, which enables banks to enhance their lending.

OakNorth Bank founder offers mentoring for young entrepreneurs

Mar 2022

London, UK

Rishi speaks to The Times’ Richard Tyler about providing mentoring support for young entrepreneurs following his backing of an initiative with the London School of Economics.

Leadership & Innovator Series: In Conversation with Rishi Khosla, CEO & Co-Founder, Oaknorth

Jan 2021

London, UK

In this series, Innovate Finance speaks to fintech founders, global bank executives, change-makers and influencers to find out what they think the future of financial services looks like. In this installment, Rishi Kholsa shares his insights.

Fireside Chat with OakNorth's Rishi Khosla | Adapting to Thrive

May 2020

London, UK

Tunde Olanrewaju of McKinsey & Company chats to Rishi about key lessons learnt from the 2008 financial crises that helped weather the Covid-19 pandemic.

OakNorth ranks top in FT 1000 list by providing loans for smaller businesses

Mar 2020

London, UK

Rishi talks to the Financial Times about the rise of OakNorth and how fintech is one of the few profitable challenger banks.

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Features

Banks on the attack as Jeremy Hunt mulls windfall tax

Oct 2022

London, UK

Rishi Khosla, CEO of OakNorth bank, was featured in this article in The Times.

Beyond The UK Government’s Fintech Review: Scaling Digital Britain Globally

Featured

Feb 2022

Rishi is quoted in this article by Forbes regarding the importance of fit-for-purpose regulation in accelerating growth in a company.

War for talent hots up as workers rate firms on their morals

Featured

Feb 2022

Rishi is featured in this The Times article regarding firms searching for top talent and how buying smaller companies is a way of bringing in top talent.

Pandemic lending powers up OakNorth profit to £78m

Featured

Mar 2021

Rishi is featured in an article by Financial News regarding OakNorth’s profits rising 18% in 2020, despite the uncertainty of the effects of the COVID-19 pandemic.

How coronavirus pivot helped this British fintech land PNC

Featured

Jun 2020

Rishi is quoted in this American Banker piece discussing how OakNorth’s reaction to the pandemic has enabled the company to win sales at PNC and Customers Bancorp.

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Publications

For businesses, a dash of pessimism is the key to resilience

Author

Nov 2023

London, UK

Rishi Khosla, writing in the Evening Standard, advises business leaders and entrepreneurs to ask the question “What’s the worst that could happen?” And then ask: “Where’s the opportunity?”

This is how entrepreneurship will change in 2023

Author

Jan 2023

This article by Rishi Khosla, Co-Founder and CEO of OakNorth bank, is part of the World Economic Forum's Annual Meeting in Davos.

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Awards & Recognition

ScaleUp Awards

Business Leader of the Year

2020

London, UK

Hosted by Business Leader, the ScaleUp Awards recognises innovative, high-growth companies that are trailblazers in their markets. In 2020, Rishi was named Business Leader of the Year at the ScaleUp Awards.

New Year Honours

Officer of the Order of the British Empire (OBE)

2019

London, UK

Rishi, Co-Founder of OakNorth Bank, was awarded an OBE for Services to Business.

The Telegraph's Tech Hot 100

Winner

2019

London, UK

Rishi was voted #1 on The Telegraph's Tech Hot 100 list in 2019.

Entrepreneur of the Year Award

Winner

2019

London, UK

Rishi won the Entrepreneur of the Year Award in association with Edwardian London Hotels.

Asian Achievers Awards

Buisness Person of the Year

2018

London, UK

The Asian Achievers Awards, hosted by global advisory firm EPG, honours innovative and outstanding individuals within the South Asian community. In 2018, Rishi was named Business Person of the Year.

The Maserati 100

Top 100

2018

London, UK

Rishi was recognised alongside business partner Joel Perlman as a game-changing entrepreneur by Maserati, in partnership with The Sunday Times. The list is compiled to celebrate the positive impact entrepreneurs have on the economy and society as a whole.

Ernst & Young Entrepreneur Of The Year Award

UK Regional Winner

2011

London, UK

EY Entrepreneur Of The Year™ is a global program recognizing the entrepreneurial achievement among individuals and companies that demonstrate vision, leadership and success. They work to improve the quality of life in their communities, countries and around the world.

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Speaking Engagements

FT Live: Global Banking Summit

Nov 2022

London, UK

Rishi joins panel members to discuss how banks can continue their digital transformation during a downturn.

SVC2UK Summit 2022

Speaker

Nov 2022

London, UK

Silicon Valley Comes to the UK (SVC2UK) gathers the best minds from the world of technology to discuss game-changing ideas for the future.

Founders Forum

Speaker

Jun 2022

Rishi was invited to speak at Founders Forum events in London in June, and in New York in October.

CNBC's ESG Council at World Economic Forum, Davos

Panellist

May 2022

Davos, CH

Rishi Khosla joins NN Group CEO David Knibbe, and Clarity AI founder Rebeca Minguela to discuss ways to create sustainable finance.

Innovate Finance Global Summit

Speaker

Apr 2022

London, UK

The Innovate Finance Global Summit, held in London, brings together the best and brightest from the fintech ecosystem to debate and discuss the most pressing challenges confronting the sector and beyond.

Innovate Finance Fintech as a Force for Good Conference

Speaker

Oct 2021

London, UK

Leadership & Innovator Series: In Conversation with Rishi, CEO & Co-Founder, Oaknorth.

Oaknorth CEO Rishi Khosla on why the UK is perfect for global growth

Panelist

Sep 2021

London, UK

Rishi joins Tech Nation to share his own growth journey and to describe the characteristics that make the UK a great destination for founders from across the globe.

Horasis Global Meeting

Speaker

Jun 2021

Cascais, PT

In 2021 Rishi spoke at the Horasis Global Meeting. The topic of the meeting was ‘Fostering the post-COVID Financial System’.

Finsum Fintech Summit

Speaker

Mar 2021

Tokyo, JP

The FINSUM Fintech Summit has become Japan’s largest annual gathering of financial technology leaders. The 2021 Summit explored the role of financial innovation in socio-economic recovery following one of the most turbulent periods in modern history. The Missing Middle Funding Gap is discussed by Rishi, as well as how lenders can address it.

The Great Big Indian Money Show

Speaker

Mar 2021

London, UK

Rishi discusses his journey from mediocre student to thriving entrepreneur with Shalini Khemka of E2Exchange for the Big Indian Money Show.

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Rishi’s Education

University College London

BSc in Economics

London School of Economics

Masters in Accounting & Finance