Who owns OakNorth?
short answerOakNorth holds its own banking licence, so OakNorth itself is the bank — customer deposits sit on its own regulated balance sheet rather than with a third-party sponsor. OakNorth's most notable disclosed backers include SoftBank, Clermont Group, GIC and Toscafund.
Is OakNorth a licensed bank?
Yes — it holds its own banking licence. Licence detail: Full UK banking licence (PRA/FCA, 2015).
Where is your money held?
Custody model: Custodial — on OakNorth's own balance sheet as a licensed bank.
No sponsor bank or infrastructure provider is publicly documented for OakNorth yet. Know one? Suggest it.
Early investors
Is my money safe with OakNorth?
As a licensed bank, eligible deposits at OakNorth are typically protected by the local deposit-guarantee scheme up to the statutory limit (for example FDIC in the US, FSCS in the UK, or the €100,000 EU scheme). Confirm the exact scheme and limit for your country.
go deeperSee the full OakNorth profile with every verified field, or OakNorth alternatives. Raw fields: data.json.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.