Introduction
The founder of SME accounting app Coconut, Sam O’Connor, has recently joined OakNorth to support the bank’s current account push. O’Connor, who previously worked at GoSimpleTax after the acquisition of Coconut, has been working at OakNorth Bank since August as the general manager of transaction banking. In a LinkedIn post, he shared his excitement about being part of the OakNorth team and their focus on solving the financial pain points for their customers.
OakNorth’s Current Account Waiting List
Yesterday, OakNorth announced the opening of its current account waiting list for business customers with revenues between £1m and £100m. The development of this account is a result of direct involvement and collaboration with customers, ensuring it offers more than just another banking app. One of the distinguishing features of OakNorth’s current account is the availability of a dedicated OakNorth Business Partner for every customer, providing personalized assistance and understanding their business goals.
