Thomas Olszewski, Koyo’s founder and a former VC with Frontline Ventures in London and Cavalry Ventures in Berlin, said in a statement: Koyo launched at the start of the … pandemic and has proven that innovative use of open banking data results in better risk decisioning and ultimately has enabled us to grow the business during one of the toughest economic times the U.K. has faced. I’m proud to have continued to give many people in the U.K. access to competitively priced credit, during a time where most traditional lenders were quick to scale back their lending.

https://techcrunch.com/2021/09/08/thin-file-loans-startup-koyo-closes-50m-series-a-led-by-force-over-mass/