SoftBank leads $440 million investment in UK fintech OakNorth, valuing it at $2.8 billion

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Alex Rumford

OakNorth said Friday it secured a $440 million investment from Japan’s SoftBank and Singapore’s Clermont Group.

Speculation over the funding began late last year after a Times of London report said that SoftBank was in talks with OakNorth and fellow British fintech firm Revolut about investing in both businesses via its technology investment fund.

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