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Our mission is to create a brighter future for the financially excluded.

In the UK alone, 12 million consumers lack access to basic financial services. We are a Fintech company that empowers those overlooked by traditional lenders. We provide our customers with the tools to build a brighter financial future.

Our commitment is to bring every single customer:


Our digital approach to micro-lending opens up access to valuable alternative data sources that enable more accurate, inclusive and personalised credit scoring and lending, than reliance on traditional credit bureau data allows.

Convenient access

Customers can manage the entire lifecycle of their Oakam loan - application, repayments and loan top-ups - from our mobile app, website or call centres, providing an accessible, convenient alternative to the traditional doorstep model.

Financial empowerment

Our model was built to empower underserved consumers to take control of their credit health. We do so through our gamified rewards journey, Oakam Grow, which uses behavioural nudges to encourage positive financial choices.

Our story

Oakam’s story began in 2006, when our founder Frederic Nze recognized the need to bring more inclusive, affordable and convenient credit options to consumers overlooked by traditional financial services providers.
Oakam is a digital micro-lender helping underbanked, overlooked, consumers onto and up the credit ladder. We believe that the credit industry is broken for the growing number of consumers looking to access vital funds, that help them establish or improve their credit score. 
At Oakam, we’re challenging the status quo with a new model for consumer credit powered by the smartphone. Our digital, data-rich approach to micro-lending enables more personalised and inclusive credit scoring, that is lowering the barriers to affordable credit for those who need it most.

Read our latest news:

Disrupting microlending

The global need for microlending is still distinct - underserved communities need better access to safe, transparent and fair financial products. In 2017, the global microlending market amounts to £1.8tn and is serviced by around 200,000 loan-servicing and doorstep agents. At Oakam, we disrupt this market through the extensive use of AI, machine learning and gamification.

Instead of penalising our users for bad credit history, we choose to reward positive credit behaviour and offer fair interest rates with no hidden charges. Our digital approach further empowers customers by making it easier, safer and more rewarding to access credit and build good repayment habits.

Digital innovation has the power to bring new levels of personalisation to financial services.  We believe that digital delivery models provide the opportunity to bring an unparalleled level of personalisation to financial services. Through our mobile app and other digital channels, Oakam is able to gather and use rich sources of alternative data to make credit underwriting more accurate, tailored and suited to the borrower’s circumstances.

Find out more about our industry

Our unique approach has been awarded:

Our customers

Oakam serves customers from a variety of different backgrounds and nationalities. We strive to accommodate this diversity through our personalised products and offers, and access to digital and call centre agents who can speak to customers in their native language. This is how Oakam has earned a 9.7 TrustPilot rating, and why 45% of our first-time customers come through referrals from existing customers. But don’t take it from us, hear some of our customers’ stories here: 

Our team

Frédéric Nze

CEO & Founder

George Psonis


Arun Ranganathan


Stephen Simmons

Chief Credit Risk & Data Science Officer

Viktor Hahn

Head of Operations

…and 250+ talented people across Business, Customer Service, Tech & much more.  Find out more on the Careers page

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