SoftBank Vision Fund to invest $440m in UK banking startup OakNorth

SoftBank Vision Fund to invest $440m in UK banking startup OakNorth

The Vision Fund's $100 million backing for Biofourmis, a U.S. startup that tracks health data using wearable devices, highlights its new focus on early-stage investments. (Photo courtesy of Biofourmis)

Kanishka Singh, Philip George

08 February, 2019

Japan’s SoftBank Group Corp’s Vision Fund will invest $440 million (£339 million) in British banking start-up OakNorth, a source told Reuters on Thursday, confirming an earlier Financial Times report.

OakNorth BankSoftBank Group CorpSoftBank Vision Fund

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