Oakam

lendingonline loans

FOUNDING YEAR: 2006
LOCATION: United Kingdom
Last Update: 19/01/2021

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About

Oakam helps overlooked consumers up the credit ladder. WARNING: Late repayment can cause serious money problems. For help go to https://t.co/yEPogPOxBo

MEDICI Analysis

Oakam is a lending platform for the unbanked and underbanked customers. It offers loans for short-term as well as for long-term duration through its mobile- and web-based platform. Its aim is to make financial services accessible to millions of people across the UK.

Focus

PRODUCTS & SERVICES

Online lending platform for UK-based unbanked and underbanked customer.

Traction

TRACTION COMMENT:

Oakam has already distributed £320m in consumer loans and its loan applications have grown by 300 percent over 2017.

company provided insights
Acquisitions

M&A

ACQUIRED BY

coinpay

ANNOUNCED DATE

Mar 2019

PRICE

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