OakNorth

How challenger banks and P2P lenders can work together – Harriet Green asks OakNorth’s Rishi Khosla

Alongside the P2P lenders and crowdfunding platforms, challenger banks have continued to make their mark as leaders of the alternative finance revolution. One of those challengers is OakNorth, which launched last year. Sitting in a similar space to P2P lenders in terms of loan size, co-founder Rishi Khosla tells me that they really want to be known as the ‘entrepreneurs’ bank’. After obtaining a banking licence, the serial entrepreneur immediately set about building a relationship between the bank and P2P platform Crowd2Fund. One of its recent deals involved Thesqua.re, a London-based serviced apartments provider.

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