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Koyo
Personal loans for people with short credit histories
- 21-100 employees
- Fintech
- B2C
- Credit Scoring
- Banking
- Personal finance
- Lending
- Soho, London, UK
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Company mission
Koyo's mission is to lead the world in using alternative data to serve millions of people with competitively priced credit.
25% employee growth in 12 months
Our take
Koyo provides loans intended for people with short credit histories. The company offers fairly priced credit and coaches customers on things they can do to improve their credit scores, enabling young people, immigrants and students to receive competitively priced financial products.
The company looks at how customers spend their money on a day-to-day basis, rather than what a credit agency says about them. The idea is to offer attractive rates and cheaper borrowing to a usually underserved market, which equates to 13-15 million people in the U.K.
Recent funding will allow Koyo to continue to give many people in the U.K. access to competitively priced credit, during a time when most traditional lenders are quick to scale back their lending.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Free weekly yoga, meditation and breathing classes
- 25 days holiday (excl. bank holidays)
- Work from home opportunities
- Company pension scheme, with matched contributions
- Competitive salary
- Fun and friendly colleagues (at least we hope we are!)
Company values
- We do the right thing - speaks to an innate human understanding of what is right and wrong. We trust the people who work here to go with their gut and use their best judgement in situations where profit or personal ambition might tempt otherwise
- We are honest - speaks to our resolve to be open and transparent. No one is too important to have all the information, or too junior to not have access to it. On top of that, we also treat our borrowers as we’d treat each other – with respect and integrity
- We are courageous - speaks to our drive to try new things, be optimistic and our desire to succeed
- We are equal - speaks to our desire to treat people in a respectful way, and not hold preconceptions about people who come from different backgrounds
Funding (last 2 of 4 rounds)
Oct 2022
$6.4m
SERIES A
Sep 2021
$24m
SERIES A
Total funding: $36.3m
This company has top investors
Leadership
Thomas Olszewski
(CEO)Previously Business Analyst at Nasdaq for 2 years and Trader Analyst at Verition Fund Management for 3 years