London, United Kingdom
Oakam Ltd, founded in 2006 and headquartered in the United Kingdom, is carving a niche in the financial technology space as a digital micro-lender. Adopting a groundbreaking model, Oakam is committed to transforming the landscape for the un- and underbanked, enabling them to gain access to affordable credit. Their mission is succinctly encapsulated in their slogan, "We're a disruptive lender using innovative technology to empower the un- and underbanked to access affordable credit."
Oakam leverages advanced digital and data-driven technologies to offer a personalized lending experience that is more inclusive and equitable, offering pathways for consumers to establish or enhance their credit ratings. This approach meets a significant market need as traditional credit systems often overlook this demographic.
The company last received a significant financial boost with a £6.00M investment on 01 July 2019. This capital infusion underscores investor confidence in Oakam's innovative model and growth potential in addressing the evolving needs of modern consumers.
