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Oakam helps overlooked consumers up the credit ladder. WARNING: Late repayment can cause serious money problems. For help go to https://t.co/yEPogPOxBo
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.
PRODUCTS & SERVICES
Online lending platform for UK-based unbanked and underbanked customer.
Oakam has already distributed £320m in consumer loans and its loan applications have grown by 300 percent over 2017.
DATE OF LAST FUNDING
TOTAL FUNDING COMMENT
The company is planning to accelerate its lending activity by providing additional funds (Dec 2017).
An undisclosed debts raised in Feb 2016 and Venture debts: $47.1 M( Dec 2017).
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