OakNorth acquires Monite to boost business banking

OakNorth, the digital bank for entrepreneurs, has finalised a strategic transaction with Monite, a financial management platform for businesses. The deal brings Monite’s core technologies into OakNorth’s infrastructure, alongside the onboarding of Monite’s product and engineering teams. Through this, OakNorth will incorporate accounts receivable, accounts payable, and expense management functionality directly into its business banking […] The post OakNorth acquires Monite to boost business banking appeared first on FinTech Global .