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 Partners, with participation from Seedcamp.

from Pocket https://techcrunch.com/2019/10/28/koyo/
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