Oakam is a digital micro-lender harnessing the power of mobile technology, gamification and psychometrics, to lend to the underbanked and nudge customers into positive financial behaviour. Powered by the growing affordability of the smartphone, Oakam’s digital approach to micro-lending combines data analytics and behavioural science to provide fair, transparent credit that rewards the formation of good financial habits. To date, Oakam has disbursed 460,000+ loans amounting to £350 million, with loan application volumes increasing by 300% in 2017. Oakam has also raised a total funding to date of £70 m, consisting of: Equity: £35 m; Debt facility: £35 m from Victory Park Capital, and has plans to expand into emerging markets across the globe.

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London, United Kingdom
United Kingdom
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