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OakNorth to sell loan underwriting tech to Asian incumbents

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Published Mon, Jul 8, 2019 · 09:50 PM

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    Singapore

    OAKNORTH, a GIC-backed challenger bank from the United Kingdom, has set up shop in Singapore to sell its data-driven credit underwriting model to Asian financial incumbents.

    The digital lender is in talks with several banking institutions from this region, and expects to ink partnerships with as many as eight Asian financial institutions by the end of this year, said Nikshep Shetty, director of growth and delivery at OakNorth Analytical Intelligence.

    Singapore fintechGIC

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