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Karoo

Canadian neobank focused on lending

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.
Karoo
Founded:2024
Batch:Winter 2025
Team Size:3
Status:
Active
Location:Toronto, Canada
Primary Partner:Tom Blomfield