8 years ago

Oakam Secures £35 Million Debt Investment from Victory Park Capital

  • Oakam, a London-based digital micro-lender, has secured a £35 million debt investment from Victory Park Capital Advisors

  • The funds will be used to accelerate Oakam's lending activity in the UK, providing an additional £200 million to unbanked communities and further accelerating financial inclusion.

      • ProblemFinancial Services

      "Many people in the UK lack access to traditional banking services, making it difficult for them to manage their finances and get the loans they need."

      Solution

      "Oakam offers a digital-first approach to lending that uses alternative data to provide loans to people who are underserved by traditional banks."

      Covered on