Karoo

Karoo

Winter 2025

Canadian neobank focused on lending

FintechConsumerNeobank

About Company

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.

Active Founders

Hugo Markland

Hugo Markland

Founder

Chief Capital Officer of Karoo Early stage employee at Lendable and led UK capital markets - raised bns of funding

Jeanot Dawson

Jeanot Dawson

Founder

CEO of Karoo, previously Head of US Loans at Lendable

Oliver Lambson

Oliver Lambson

Founder

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.

Company Facts

LocationToronto, ON, Canada
Team Size3
Founded2025
StatusActive