We're hiring! See our jobs board for latest roles. Koyo was founded in 2018, on the principle that people should be treated fairly when it comes to credit. Most other lenders make decisions based on data from credit scoring agencies which can be months out-of-date. Our goal is to disrupt this archaic way of lending, by offering competitively priced credit through the innovative use of technology.
Koyo is the UKs first Open Banking powered lender. Open Banking is the secure way to give lenders or financial providers like us, access to transactional banking data. Our innovative approach enables us to offer competitively priced credit based on borrowers spending habits, rather than what credit scoring agencies say about them. A win-win for all.
Koyo is the UKs first Open Banking powered lender. Open Banking is the secure way to give lenders or financial providers like us, access to transactional banking data. Our innovative approach enables us to offer competitively priced credit based on borrowers spending habits, rather than what credit scoring agencies say about them. A win-win for all.
Location: United Kingdom, England, London
Employees: 11-50
Total raised: $55.13M
Founded date: 2018
Investors 1
| Date | Name | Website |
| - | Catalus Ca... | cataluscap... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 15.09.2021 | Series A | $50.22M | Force Over... |
| 28.10.2019 | - | $4.92M | - |
Persons 1
| Date | First Name | Last Name | Title | |||
| - | Sean | Tai | Board Atte... | linkedin.c... | - | - |
Mentions in press and media 6
| Date | Title | Description |
| 13.09.2021 | Fintech start-up Koyo raises $50m in Series A round | Consumer lending start-up Koyo has raised $50 million in debt and equity in a Series A funding round as it looks to grow its “open banking-led” loans platform. Koyo founder and CEO Thomas Olszewski Force Over Mass led the raise with partici... |
| 08.09.2021 | ‘Thin file’ loans startup Koyo closes $50M Series A led by Force Over Mass | Koyo, a fintech startup using open banking to offer loans to people with poor credit histories, has closed a Series A funding round of $50 million in debt and equity led by Force Over Mass, with participation from existing investors Forward... |
| 03.11.2019 | Fintech Company Koyo Raises $4.9 Million In Funding | Fintech company Koyo announced it raised $4.9 million in funding to offer loans to people who have thin credit histories Koyo — a fintech company that uses open banking for offering loans to people who have thin credit histories — announced... |
| 31.10.2019 | UK fintech Koyo raises £3.8m to aid wiped credit histories | UK-founded fintech start-up Koyo, which gives loans to people with younger or partly-wiped credit scores, has raised £3.8 million (US $4.9 million) in a mixture of debt and equity funding. Koyo is designed to help those who have a short, un... |
| 28.10.2019 | Koyo raises $4.9M in equity and debt to use open banking to offer loans to people with ‘thin’ credit files | Koyo, a fintech startup using open banking to offer loans to people with “thin” credit files and currently poorly served by the market, has closed $4.9 million in funding. The round — a mixture of debt and equity funding — is led by Forward... |
| - | Koyo | “Personal loan rates with fair repayments. Koyo Loans is a leading loan supplier, offering competitive personal loan rates with zero hidden fees.” |