ANNA Money vs OakNorth
short answerBoth are traditional neobanks. OakNorth holds its own banking license and pays yield on balances. Compare custody, license, FX markup and fees field by field below.
ANNA Money: SME banking with AI admin assistant.
OakNorth: Profitable SMB lender-bank.
Side by side
| ANNA Money | OakNorth | |
|---|---|---|
| Category | traditional | traditional |
| Audience | SMB & startups | SMB & startups |
| HQ | Cardiff, UK | London, UK |
| Founded | 2017 | 2015 |
| Custody | Custodial | Custodial |
| Regulation | E-money institution | Licensed bank |
| License detail | E-money | Full UK banking license (PRA/FCA, 2015) |
| Card | MC · Business debit | No card |
| Cashback | 1% select | — |
| Yield | — | Competitive savers |
| FX markup | — | — |
| Services | — | — |
| Stablecoins | No | No |
| KYC | Yes | Yes |
| Regions | Europe | Europe |
| Reported users | — | — |
go deeperFull profiles: ANNA Money · OakNorth — or run your own comparison of up to four in the directory.
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.