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…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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