The consumer lending platform developer raked in nine figures through a round backed by strategic partner JP Morgan.
Investment banking firm JP Morgan has taken part in a £142m ($185m) funding round for Oakbrook Finance, the UK-based operator of an online consumer lending platform, alongside investment advisory firm Atalaya Capital.
Founded in 2011, Oakbrook operates a digitally-enabled consumer finance and technology platform. It provides consumer loans sized between approximately $660 and $20,000 across two consumer lending businesses and a business-to-business service called O6K.
Earlier this month, the company formed a partnership with credit score provider Experian on a…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
