Oxbury Bank

What Oxbury Bank does

Oxbury Bank Plc is a UK-incorporated, PRA- and FCA-regulated specialist bank focused exclusively on the rural economy. Founded in 2018 by bankers, farmers, agricultural businesses and technologists — including CEO James Farrar, Managing Director Nick Evans and Chief Customer & Regulatory Officer Tim Coates — Oxbury launched as a fully regulated bank in February 2021 and began lending in March 2021, becoming the first new agricultural bank set up in the UK in two centuries. The bank operates from its registered office in Chester, holds a full UK banking licence (FS Register 834822) and serves UK farmers, farm businesses, food producers, large agricultural enterprises (Oxbury Corporate) and personal/business savers, with ~190 employees as of December 2023.

Oxbury's product set is delivered on a proprietary core banking platform called Oxbury Earth (acquired and rebranded from Naqoda in 2022). On the lending side it offers Oxbury Farm Loans (£25,001-£25m, 6 months to 25 years), Oxbury Flexi Credit (revolving working-capital with 24-hour assessment), Oxbury Farm Credit (input financing integrated with 25+ approved suppliers such as Frontier, Hutchinsons, Wynnstay, Fram Farmers and Yara), Oxbury Transition Facility (sustainability-linked credit combining Downforce Technologies satellite data with accreditation-based fee waivers), Oxbury New Gen (up to 100% financing for 18-40 year-old new entrants) and Oxbury Asset Finance (hire purchase via brokers and relationship managers). On the deposit side it offers FSCS-protected Personal, Farm Business and Business savings accounts with publicly published AER rates, plus bespoke corporate savings above £1m.

Oxbury makes money primarily through net interest income on its diversified agricultural lending book, funded by retail, business and farm-business savings deposits plus a £35m Tier 2 capital facility from the British Business Bank. Secondary revenue streams include facility fees (e.g. 0.5% on the Transition Facility, waived for qualifying accreditations), bespoke margins on Oxbury Corporate facilities, and a planned Banking-as-a-Service / SaaS licensing layer on top of the Oxbury Earth platform targeting overseas deployments and embedded finance within the UK food supply chain. By April 2026 Oxbury reported executing one in five new UK farm loans and approaching a 10% share of fresh agricultural lending, having reached breakeven in December 2022 and announced its first full year of profitability in June 2024.

Name

Oxbury Bank

Legal name

Oxbury Bank Plc

Website

https://oxbury.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

101–250 employees

Short description

Oxbury Bank is a UK-regulated specialist bank exclusively serving the rural economy, offering agricultural lending (farm loans, working-capital, asset finance, sustainability-linked credit, new-entrant funding) and FSCS-protected savings products to UK farmers, food producers and savers via its proprietary Oxbury Earth platform.

Ownership category

akta.pro rank

Product category

Agricultural Banking

NAICS

Credit Intermediation and Related Activities (522), Depository Credit Intermediation (5221)

SIC

Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159), Finance Services (6199)

akta.pro primary industry

Open Account Trade Finance (Receivables/Payables Finance) (FSABAHAB)

akta.pro secondary industry

Treasury, Cash Management & Liquidity (SME) (FSAGAJAG)

Keywords

• Agricultural banking
• Farm lending
• Rural economy
• Sustainable finance
• Banking-as-a-service

Headquarters

HQ city

Chester

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net interest income on lending: Primary revenue stream. Earned from a diversified agricultural lending book spanning Oxbury Farm Loans (long-term, 6 months-25 years), Oxbury Flexi Credit and Oxbury New Gen (working-capital revolving facilities), Oxbury Farm Credit (input finance via approved suppliers), Oxbury Transition Facility (up to 6-year sustainability-linked credit) and Oxbury Asset Finance (hire purchase). Lending is funded by retail, business and farm-business savings deposits plus Tier 2 capital. Variable or fixed rates, including interest-only.
2. Banking-as-a-Service / SaaS licensing of Oxbury Earth platform: Plans to expand Banking-as-a-Service offering beyond the UK after acquiring and rebranding its core banking technology provider Naqoda. Platform drives 'substantial future revenue growth via embedded finance opportunities in the UK food supply chain as well as overseas enquires focussed on the platform's software-as-a-service capabilities'.
3. Savings deposit spread: Retail, business and farm-business savings deposits (FSCS-protected up to £120,000) fund the lending book and generate net interest margin. Includes exclusive farm-business savings rates and a special corporate rate tier up to £1m with individually negotiated rates above £1m.
4. Corporate banking fees and bespoke margins: Oxbury Corporate targets large agricultural enterprises with >£15m turnover and >200 employees (group basis), offering cash-flow solutions, specialist lending, sustainable finance and corporate savings; bespoke facilities and individually negotiated savings rates above £1m support non-interest fee and margin income.
5. Facility fees on lending products: Annual facility fees charged on Oxbury Transition Facility (from 0.5% of facility amount for standard applicants; 0.0% for qualifying accreditation holders such as Level 2 Wildlife Estates Scotland and LEAF Marque).

Pricing tiers

Go-to-market motion5 records

Distribution channels5 records

Marketing channels6 records

Core offering

Oxbury Bank is the UK's only specialist agricultural bank offering dedicated lending, savings and working-capital products to farmers, farm businesses, food producers and the wider rural economy. It provides long-term Farm Loans, revolving Oxbury Farm Credit, Oxbury Flexi Credit overdraft-style working capital, the sustainability-linked Oxbury Transition Facility, Oxbury Asset Finance hire purchase, and the Oxbury New Gen new-entrant programme, funded by FSCS-protected Personal, Farm Business and Business savings deposits. The bank operates the proprietary Oxbury Earth core banking platform and is expanding Banking-as-a-Service / embedded-finance capabilities for the UK food supply chain and overseas partners.

Product overview

Oxbury Bank is delivered as a platform-plus-modules architecture built on a proprietary core banking platform, Oxbury Earth (originally acquired as Naqoda and rebranded). This core platform powers Oxbury's full stack of lending products (Oxbury Farm Credit, Oxbury Farm Loans, Oxbury Flexi Credit, Oxbury Transition Facility, Oxbury New Gen, Oxbury Asset Finance, and Agricultural Mortgage use cases) and savings products (Oxbury Personal Savings, Oxbury Farm Business Savings, Oxbury Business Savings), all accessed via Oxbury's secure 24/7 Online Banking platform and mobile app. On top of this, Oxbury Corporate extends the offering to large agricultural enterprises and the integrated food supply chain with Cash Flow Solutions, Specialist Lending, Sustainable Finance and Corporate Savings. Oxbury Earth also underpins partner-facing Banking-as-a-Service and embedded finance capabilities, plus software-as-a-service deployment of the platform in overseas territories.

Differentiator

Problem solved

Functional benefit

Brands

• Oxbury Farm Credit: Revolving credit facility for farm inputs (seed, feed, fertiliser, fuel) purchased from Oxbury-approved suppliers; integrates with Oxbury Online Banking.
• Oxbury Farm Loans
• Oxbury Flexi Credit
• Oxbury Transition Facility
• Oxbury New Gen
• Oxbury Corporate
• Oxbury Earth

Products and services

• Oxbury Farm Credit Revolving credit facility that provides an additional line of credit at a competitive interest rate to UK farm businesses to purchase farm inputs (seed, feed, fertiliser, fuel) from Oxbury's network of approved suppliers. Integrated with supplier invoicing so invoices auto-upload to Oxbury Online Banking.
• Oxbury Farm Loans Long-term farm loans from £25,001 to £25 million with terms from 6 months to 25 years, used for land purchase, infrastructure, carbon reduction, renewables, succession planning, loan consolidation and rural diversification. Offered with variable or fixed rates including interest-only periods.
• Oxbury Flexi Credit Additional working-capital line of credit for farm businesses functioning like a competitive overdraft, with 24-hour application assessment, instant drawdown into the customer's linked business bank account, flexible Direct Debit repayments, no early repayment fees and a Milk Cheque variant tailored to dairy farms.
• Oxbury Transition Facility Flexible funding facility helping farmers transition to lower-carbon, more resilient farming systems. Facility size £25,001-£500,000 (up to £500/hectare), terms up to 6 years, interest from 1% above Bank of England base rate, with annual facility fees from 0.5% waived to 0.0% for accredited sustainability holders.
• Oxbury New Gen Funding and support programme providing up to 100% of financing for new farming entrants (aged 18-40, business set up within last 3 years), plus paid business and financial advice from a panel of independent regional and national farm advisory services.
• Oxbury Asset Finance Hire-purchase facilities for UK farmers to finance machinery and assets delivering labour-saving automation, improved carbon efficiency and greater reliability, delivered through agricultural brokers and direct relationship managers.
• Oxbury Personal Savings Accounts Range of FSCS-protected personal savings products including Easy Access, Notice (35/65/90/120 day) and Bond (3 month, 6 month, 3 year, 4 year, 5 year) accounts for UK individuals, with published AER rates.
• Oxbury Farm Business Savings Accounts Exclusive-rate savings accounts for UK farm businesses including Easy Access Tracker, Yield Notice Trackers (35/60/90 day) and Bond accounts (3 month, 6 month, 1 year, 3 year), FSCS-protected up to £120,000 per company.
• Oxbury Business Savings Accounts Business savings products for non-farm UK businesses including Easy Tracker, Yield Notice Trackers (35/60/90 day) and Bond accounts (3 month, 6 month, 1 year, 3 year), FSCS-protected up to £120,000 per company.
• Oxbury Corporate Banking proposition for large agricultural enterprises (typically >£15m turnover and >200 employees on a group basis) including Cash Flow Solutions, Specialist Lending, Sustainable Finance and Corporate Savings with individually negotiated rates above £1m, delivered without requiring customers to move their current account.
• Oxbury Banking-as-a-Service / Embedded Finance Partner-facing Banking-as-a-Service and embedded finance capability built on the Oxbury Earth core banking platform, enabling rapid product development plus software-as-a-service deployment for partners in the UK food supply chain and overseas territories.

Quantifiable outcome

• 1 in 5 new farm loans in the UK
• +6 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature7 records

Partnerships

40 partnerships are on record, tiered core and major.

• Downforce TechnologiescoreStrategic or Co-development PartnerTechnology partner for the Oxbury Transition Facility — combines satellite data with on-the-ground insights to calculate and track Soil Organic Carbon (SOC) improvements. Oxbury uses this advanced Earth Observation capability as part of its sustainability-linked credit offering.
• Naqoda (acquired and rebranded)coreTechnology or IntegrationOxbury's core banking technology provider, which Oxbury acquired and rebranded to underpin its Banking-as-a-Service offering and international expansion plans. Now operating as Oxbury's proprietary Oxbury Earth core banking platform.
• Frontier AgriculturecoreChannel Partner/ Reseller/ DistributorApproved Oxbury supplier for Oxbury Farm Credit (OFC). Frontier invoices are integrated with Oxbury Online Banking so customers can purchase inputs (seed, feed, fertiliser, fuel) on the OFC revolving credit facility. Dedicated OFC (Frontier) terms & conditions exist.
• HutchinsonsmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit for crop-input finance.
• WynnstaymajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit for crop-input finance.
• Fram FarmersmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit for crop-input finance.
• YaramajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit for fertiliser input finance.
• Lloyds Animal FeedsmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit for livestock feed input finance.
• Meadow QualitymajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier with dedicated OFC (Meadow Quality) terms & conditions.
• Warrendale WagyumajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier with dedicated OFC (Warrendale Wagyu) terms & conditions.
• ABP Blade FarmingmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier with dedicated OFC (ABP Blade Farming) terms & conditions.
• Carrs BillingtonmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• AF GroupmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• Gamechanger FarmingmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• SpunhillmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• Thomas Bell & SonsmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• G.O DaviesmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• Woldmarsh ProducersmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• Cobb AgrimajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• Aspatria FarmersmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• OpenfieldmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• McCartneysmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• BartholomewsmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• Nock Deighton AgriculturalmajorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• UAM (United Agri Markets)majorChannel Partner/ Reseller/ DistributorApproved Oxbury supplier integrated with Oxbury Farm Credit.
• LEAF (Linking Environment And Farming)coreStrategic or Co-development PartnerOxbury chose to launch the Oxbury Transition Facility at the annual LEAF Marque conference. LEAF Marque holders qualify for the Oxbury Transition Facility with no annual facility fees, providing evidence through the LEAF Marque integrated farm management standard. LEAF Chair Philip Wynn publicly endorsed the partnership.
• Soil Association ExchangecoreStrategic or Co-development PartnerSupply-chain programme partner for the Oxbury Transition Facility. Soil Association Exchange provides holistic environmental data management (soil health, carbon, biodiversity) used as evidence for the facility; over 2,000 farmers already use Exchange. Coverage: England, Wales and Scotland.
• Cefetra Ecosystem ServicesmajorStrategic or Co-development PartnerSupply-chain programme partner for the Oxbury Transition Facility, in collaboration with Soil Capital, paying farmers for improvements in carbon emissions, soil health, water management and biodiversity.
• Soil CapitalmajorStrategic or Co-development PartnerProgramme partner that issues Soil Capital Units (SCUs) for verified GHG reductions and soil-carbon sequestration; Oxbury Transition Facility accepts Soil Capital programme participation as qualifying evidence.
• Beyond ZeromajorStrategic or Co-development PartnerValue-chain partner for the Oxbury Transition Facility providing high-integrity natural capital baselines (carbon, biodiversity, nutrient neutrality) used as qualifying evidence.
• RegenagrimajorStrategic or Co-development PartnerThird-party verified global regenerative agriculture programme. Regenagri certification and Carbon Insetting Programme are accepted as evidence for the Oxbury Transition Facility. Regenagri works with 350,000+ farms and 2,500+ companies worldwide; Regenagri CIC is a UK-based Community Interest Company.
• Landscape Enterprise Networks (LENs)majorStrategic or Co-development PartnerValue-chain partner for the Oxbury Transition Facility bringing organisations together to co-fund and implement regenerative agriculture. Since 2021 LENs has delivered over €24m to 350+ farmers for cover crops, minimum tillage and habitat restoration.
• KlimmajorStrategic or Co-development PartnerValue-chain partner for the Oxbury Transition Facility helping farmers transition to regenerative practices and providing a data platform for qualifying evidence.
• Land AppmajorStrategic or Co-development PartnerLand management plans produced on the Land App digital mapping platform (used by over 33,000 users) qualify as evidence for the 'Exploring & Planning' stage of the Oxbury Transition Facility.
• Pasture for LifemajorStrategic or Co-development PartnerValue-chain partner for the Oxbury Transition Facility — Pasture for Life Certificate of Registration qualifies as evidence.
• Wildlife Estates ScotlandmajorStrategic or Co-development PartnerValue-chain partner for the Oxbury Transition Facility. WES membership (and Level 2 accreditation) qualifies as evidence; Level 2 accredited members qualify with no annual facility fee.
• Wildlife Farms and EstatesmajorStrategic or Co-development PartnerValue-chain partner for the Oxbury Transition Facility operating across England and Wales. Level 1 accreditations: 0.5% annual facility fees; Level 2 accreditations: no annual facility fees.
• Framework for Improving Nitrogen Efficiency (FINE)majorStrategic or Co-development PartnerValue-chain partner for the Oxbury Transition Facility — FINE integrates scientific and remote sensing expertise with soil and field data, providing qualifying evidence for the facility.
• The Country TrustcoreOthersOxbury's Charity of the Year since 2021. The Country Trust is a national education charity bringing alive the working countryside for disadvantaged children. Oxbury supports financially, as farmer hosts and as champions to its networks; founded by Lance Coates, grandfather of Oxbury co-founder Tim Coates.
• NextGen Fruit groupmajorGTM or Marketing PartnerOxbury is a supporting partner of the NextGen Fruit group, an industry body for next-generation UK fresh-produce growers. Co-funds and upskills the UK community of bright, talented, motivated individuals building sustainable businesses in fresh produce, including bi-annual international conference travel (e.g. California May 2024 trip).

Scale indicators17 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Allica Bank: UK-regulated challenger bank focused on SMEs and small/mid-sized businesses with bespoke relationship management. Highly comparable to Oxbury as a UK specialist banking challenger targeting an underserved customer niche, scaled into hundreds of millions of deposits and lending, and pursuing a regulated-banking growth model.
• Tide: UK SME-focused digital business banking platform with multi-channel onboarding and embedded finance partnerships. Comparable to Oxbury's regulated, vertical-specialist banking model targeting UK SMEs with technology-led distribution, although Tide's core market is general SMEs rather than agriculture.
• Starling Bank: UK fully-licensed digital challenger bank offering business and consumer current accounts, lending and BaaS via Engine. Closest direct UK peer by regulatory status, scale trajectory and challenge-bank economics; differs in being consumer/general-business rather than sector-specialist.
• Atom Bank: UK-regulated digital challenger bank offering savings and mortgage products via a mobile platform. Comparable to Oxbury as a UK regulated challenger with a savings-led funding model and digital-first distribution, though Atom focuses on residential mortgages rather than commercial/agricultural lending.
• Recognise Bank: UK challenger bank serving SMEs and owner-managed businesses with relationship-led lending and savings. Comparable to Oxbury as a UK regulated challenger with a specialist SME focus, relationship-led lending model and savings deposit franchise.
• Redwood Bank: UK-regulated challenger bank focused on specialist property finance and SME lending. Comparable to Oxbury as a UK challenger with a specialist commercial lending niche, a relationship-led model and a savings deposit book funding the lending franchise.
• Cynergy Bank: UK challenger bank serving SMEs, professionals and property investors with relationship-led banking. Comparable to Oxbury's UK-regulated specialist challenger profile, savings-led funding model and commercial lending focus.

Broad incumbents

• Rabobank: Global cooperative bank and the world's leading specialist agricultural lender with deep food-and-agri franchise across 38+ countries. Comparable as the global reference model for specialist agricultural banking — but vastly larger, broader and geographically diversified versus Oxbury's UK-only franchise.
• Metro Bank: UK-listed challenger bank offering retail, business and commercial lending with a national branch network. Comparable as a UK regulated challenger bank, though far broader (consumer current accounts, mortgages, commercial lending) and more capital-constrained than Oxbury's sector-specialist agricultural focus.

Emerging players

• Thought Machine: UK-headquartered core banking technology provider whose Vault platform powers several UK challenger banks (e.g. Starling-adjacent projects, JPMorgan, Lloyds). Comparable to Oxbury's Oxbury Earth platform ambitions as a Banking-as-a-Service / SaaS-style core banking technology business, though Thought Machine is pure-play tech versus Oxbury's vertically integrated bank.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/OxburyBankPlc
• LinkedInlinkedin.com/company/oxbury-bank

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds7 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oxbury Bank