“We’ve always been clear that we want to build our business across the U.K. and U.S.,” OakNorth's Chief Executive Rishi Khosla told Bank Automation News.

Rishi Khosla, chief executive officer and co-founder of OakNorth, reported another strong year for the company.

CEO and co-founder of OakNorth, Rishi Khosla, states that Lord Turner's expertise will prove invaluable as the company expands into new products and services, and supports its customers in their growth ambitions.

OakNorth Bank lends to small and medium-sized businesses (SMEs), and was cashflow break-even within 11 months of receiving its full licence. It has been profitable every year since 2015.