The digital bank is now valued at $2.8bn, following a $440m round led by a $390m investment by SoftBank Vision Fund and backed by Clermont Group.

Vision Fund, the technology growth fund led by telecommunications and internet group SoftBank, has led a $440m funding round for UK-based digital bank OakNorth, Reuters reported yesterday. The corporate put up $390m of the funding while the rest was supplied by conglomerate Clermont Group, and the round valued OakNorth at about $2.8bn. It has now…

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