# Koyo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/koyo

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.koyoloans.com
- Total disclosed funding: $16M
- Latest round: Series A (Oct 20, 2022)
- Investors on record: 6

## About

Koyo is a UK-based financial technology company specializing in personal loans, designed to offer accessible financing solutions for individuals facing various financial needs.Founded in 2018, Koyo operates as a financial technology company based in London, UK, focusing on providing personal loans. The company has raised GBP 5.000 mn in Series A funding as of October 2022, led by Force Over Mass Capital, with additional participation from various investors including Atalaya Capital Management and Seedcamp. Koyo has completed a total of 8 deals since its inception, establishing a strong presence in the financial services sector under the leadership of CEO Thomas Olszewski, among co-founders Alex Young, Atif Mirza, Ben Garton, and Thomas Olszewski.Koyo Loans specializes in tailored financial solutions through its core offering of personal loans, now transitioned to Koyo Finance 1 Ltd and managed by Capquest. The primary aim of these loans is to assist individuals with financial management, addressing challenges like debt consolidation and unexpected expenses. The company targets a diverse clientele in the UK, ensuring financial inclusion by providing accessible loans for various credit profiles. Koyo emphasizes a customer-centric approach, utilizing technology to streamline the application process, enhancing user experience since its inception.Koyo Loans primarily generates revenue through interest income from personal loan agreements with clients. The firm employs a direct-to-consumer model, offering competitive loan products tailored to meet diverse financial needs. Upon loan approval, clients receive funds repayable over specified terms with interest, reflecting the risk profile of the borrower. This structured pricing allows the company to maintain profitability while catering to its clients' financial requirements, establishing a robust pipeline of loan originations contributing to its revenue.In October 2022, Koyo raised GBP 5.000 mn in Series A funding, which forms part of a larger GBP 105 mn debt and equity funding round. This funding will be utilized to support the company's growth plans, particularly focused on expanding its operations within the UK. Koyo aims to further enhance its product offerings and streamline services to better serve its clientele, aligning with its strategy for future growth.

## Funding rounds

- Series A, Oct 20, 2022, $5.6M — Atalaya Capital Management, Seedcamp, Frontline, Forward Partners, Force Over Mass Capital
- Series A, Jun 25, 2021, $7.4M — Seedcamp, Frontline, Forward Partners, Force Over Mass Capital
- Seed, Oct 1, 2019, $2.8M — Seedcamp, Forward Partners
- Seed, Sep 17, 2018, $0.6M — Seedcamp, Frontline Private Equity

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed, Series A
- Frontline Private Equity (https://capitalatlas.ai/funds/frontline-private-equity) — Seed
- Forward Partners (https://capitalatlas.ai/funds/forward-partners) — Seed, Series A
- Frontline (https://capitalatlas.ai/funds/frontline) — Series A
- Force Over Mass Capital (https://capitalatlas.ai/funds/force-over-mass-capital) — Series A
- Atalaya Capital Management — Series A