Karoo
Winter 2025 · Active
Canadian neobank focused on lending
Location: Toronto, Canada, CA
Founded: 2024
Team size: 3
About
Canadians have not benefitted from fintech innovations in the last 10 years. They are stuck with a banking oligopoly and limited access to tech-first financial offerings (a lot of products still require you going to a branch in person!). We're fixing this.
Founders
Hugo MarklandFounder
Chief Capital Officer of Karoo Early stage employee at Lendable and led UK capital markets - raised bns of funding
Jeanot DawsonFounder
CEO of Karoo, previously Head of US Loans at Lendable
Oliver LambsonFounder
CTO of Karoo. 0 lines of code to first loan in 45 days. Previously Engineering x Growth at Lendable: launched and scaled US loans. University of Cambridge Masters in Manufacturing, University of Stellenbosch Bachelor's Mechatronic Engineering.