About us

About Koyo

Koyo was founded in 2018, on the principle that people who are new to credit, or the country, should be treated fairly when it comes to finance. There are over 6 million of these people in the UK alone. In the past, those seeking credit would be charged excessive fees for borrowing that caused financial problems, rather than solved them. We’re changing all that.

Our goal is to disrupt this multi-billion pound market by offering fairly priced credit through the innovative use of technology. We’re based in London, with global ambitions. Koyo is backed by three top venture capital funds (who also funded Transferwise, Revolut and Zopa) and some of the most reputable angel investors in the UK.


Build empowering products that are personal and transparent. Products that provide fairly priced credit, to those who have little or no options through no fault of their own.


To help create a world with greater mobility by providing everyone with their fundamental right to credit.

Our story so far

In 2016, Thomas Olszewski, the founder of Koyo moved to the UK and found accessing credit to be difficult if not impossible. This is because his credit history did not follow him from his home country. He realised this is a problem that affected millions of people who are new to the country, but also people who have failed to build a credit history in the UK more generally.

In September 2018 we raised our first round of venture funding and have since raised further debt and equity funding from VCs and private investors.

Our 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. Open Banking technology is sparking disruption in the financial services sector that will benefit millions of customers in the UK. Unlike other lenders who use credit agency data (which people new to credit, or the country won’t have), our innovative approach enables us to offer competitively priced loans, to an otherwise poorly served segment of the market.

The management team

thomasPictureCEO, Thomas Olszewski – formerly a venture capitalist with Frontline Ventures in London and Cavalry Ventures in Berlin. Hedge Fund Trader Analyst at Verition Fund Management. Formerly part of the global software development team at the Nasdaq stock exchange.

guyPictureCTO, Guy Evans – previously CTO of LendInvest, leading specialist property lender with 150 employees. Former CTO of Interactive Investor, UKs 2nd largest retail stockbroker. Former CTO of BullionVault, a real time gold trading platform. Co-founder iJento, a web analytics company.

kevinPictureHead of Credit Risk, Kevin Allen – first CRO of RateSetter, oversaw first £1.5b of retail lending from July 2013 to Jan 2017. Credit and Product Director at Castlight, scoring based on transactional data. Credit and Fraud risk at Mastercard. Other positions in credit, fraud and risk management at Lloyds, Goldfish, FICO, PWC and Standard Chartered.

peterPictureHead of Marketing, Peter Kent - previously Global Head of Digital Marketing Strategy at Investec Bank. Former marketing acquisition specialist at RateSetter, grew the loanbook from £30m to £1.5bn through multi-channel marketing. Advisor and consultant to multiple FinTech businesses, including Lending Works.

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