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Oakam
company
About
Loal equips those poorly served by mainstream providers to build their credit profiles and live life on another level
- London,England,United Kingdom
- 51 - 100
Highlights
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- £35M
- Industries
- Credit,Financial Services,FinTech,Software
- Founded date
- Aug 1, 2006
- Number Of Employee
- 51 - 100
- Operating Status
- Active
- Legal Name
- Oakam Limited
- Also Known As
- Loal Ltd
Loal exists to equip those poorly served by mainstream credit services to overcome short-term difficulties, build their credit profiles and enhance their financial literacy. Through the Loal app, we provide the credit building tools to enable the financially excluded to level up and improve their financial wellbeing. We do this by disrupting the traditional credit scoring system and giving control back to consumers.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
£41M
Oakam has raised a total of
£41M
in funding over 2 rounds. Their latest funding was raised on
Jul 30, 2019 from a Corporate Round round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 30, 2019 | Corporate Round | £6M | — | — | — | Detail |
| Dec 4, 2017 | Debt Financing | £35M | 1 |
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
1
Oakam is funded by 1 investors.
Victory Park Capital
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
|
Yes | Debt Financing |
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