KOHO Financial provides an application-based banking platform to simplify financial products available to everyone. Its platform helps users to complete their day-to-day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations to let users manage their expenses and banking operations on the go.

KOHO

KOHO Financial Inc.

We want Canadians to be able to travel more, retire sooner, and live more balanced lives. With an app and a reloadable card, KOHO is a totally new approach to spending and saving. Hundreds of thousands of Canadians are already using KOHO to spend smarter, save quicker, and restore financial balance.

We have the best user support in Canada, maybe the world, and a growing team of hungry fintech enthusiasts ready to change the way Canadians spend and save, for good. We've raised 4 rounds of funding, won the NASDAQ award for Best FinTech Co, and we're hiring.

Armentum Partners

Adam Felesky

Scott Lake

Portage Ventures

Greyhound Capital

NAventures

Drive Capital

TTV Capital

Business Development Bank of Canada

Healthcare of Ontario Pension Plan (HOOPP)

Eldridge

Round13 Capital

As 2023 comes to a close, we’re looking back on what an incredible year it’s been for KOHO! 

From launching our highest-ever interest rates, a new credit-building tool, and our subscription plans, to reaching over 1 million users, there’s no doubt this has been one of our best years yet 👏 

Here’s a message from Dan, our CEO, to recap on, not only our awesome achievements but the goals our users smashed this year  — we couldn’t have done it without you!

Watch out 2024! 🚀

Watch the full rundown here: https://bit.ly/3TGCfPQ

Exciting news! AWS Canada has just unveiled its new AWS Canada West (Calgary) Region, marking a significant milestone as the first major cloud services provider with an infrastructure hub in Western Canada. As KOHO operates on AWS we can now provide even more support for our users.

Our CTO, Jonathan Klein, shares the scoop:

‘’The new AWS Region near Calgary will deliver several benefits for our business, including having a failover region in-country so we can provide improved resiliency and reduced latency to our users.”

In simple terms, this launch makes our infrastructure more reliable and responsive, ensuring you get the best experience possible 👏🏻

Read more here: https://go.aws/3vccNYE

Our teams all over Canada came together to wrap up the year in style this week! 

As a remote-first company, creating social hubs across Toronto, Vancouver, Montreal, Calgary and online has been so important for us to keep our teams connected. And our holiday celebrations certainly proved it! 

From cookie decorating to ugly holiday sweaters, to bowling and charades, with lots of laughs and fun in between (including an appearance from the fabulous Miss Moço from season 3 of Canada’s Drag Race 🌈 ), the get-togethers closed off a great year for KOHO with a bang!

None of it would be possible without our incredible hub leads who already have us guessing what’s to come for our Q1 get-together  👀

Today, some of our dedicated Toronto team braved the cold to see KOHO's name up in lights ✨ 

A big thank you to the Toronto Stock Exchange for featuring us. Catch us on display at 100 Adelaide St. for the next few weeks – don't forget to snap a picture if you're in the area.

What's your take on our jump shot – did we nail it? 🚀

After our announcement yesterday, it's fun to look back and see how far we have come 🚀

Did anyone have our very first card?

🌊 Navigating Fintech's Turbulent Seas: KOHO's Strategic Funding 🚀
Koho, a Canadian fintech company, has showcased remarkable resilience in the volatile financial sector by securing $86 million in a Series D extension funding round, maintaining its $800 million valuation. This funding, supported by a mix of new and existing investors, underscores Koho's success and growth despite market fluctuations.
🔍 With over one million users and a $100-million run rate, Koho exemplifies fintech stability. Its focus on addressing real financial challenges through products like credit builders and an industry-leading 5% savings rate has positioned it as a model of resilience.
📈 As Koho plans further expansions and innovative product developments, it remains a beacon of hope in the fintech landscape, demonstrating how strategic vision and user-centricity can lead to sustained success.
Read more about Koho's strategic funding and its impact on the fintech industry here: https://lnkd.in/dh8CKTwp
#Koho #Fintech #StrategicFunding #FinancialResilience #Innovation

🎉 Exciting news at KOHO! 🎉

We’re so excited to announce that KOHO has raised $86 million in a Series D extension! A testament to the hard work and dedication of our amazing team, and the trust and support of KOHO users. 

2023 has been a year to remember for us. Not only did we reach over 1 million users, but we also launched some of our most successful financial products yet, like:

🏗 Flexible Credit Building
🤑 5% Interest (nope, it’s not a promo rate!)
📱 Subscription plans to suit all kinds of spending and saving
👀  Free credit scores in-app

We’ve also added real value for our awesome users, who saved an impressive $60 million, all by using KOHO, and earned over $15 million in cash back.

We’d like to give a big, heartfelt THANK YOU to our incredible team for their enthusiasm, innovation, and endless hard work! 

And finally, to our amazing users, we are so chuffed you’ve chosen and put your trust in KOHO. Because of you, we can continue to push the boundaries and get one step closer to empowering a generation of Canadians!

Watch out 2024….

Read more: https://bit.ly/3TekJlN

Meet Sherry Andrew one of our awesome Financial Coaches who is ready to share her money management wisdom 😎

In yesterday’s fall economic statement, the federal government announced it would implement a consumer-driven banking framework in budget 2024, as well as make payment service providers, like KOHO, eligible for membership in Payments Canada — big news for Canadian banking 👏

As a reminder, here’s why consumer-driven banking is so important:

—More financial freedom: Canadians will get more choice and transparency when it comes to managing their finances.
— Seamless payments: It will make transactions faster and easier across Canada.
— Financial inclusion: It will bridge the long-standing gaps in access to good financial services.
— Strong security: It will mean more prioritization of data safety and privacy.
— A fairer financial system: It will make it harder for traditional banks to charge high interest rates, promotional rates, and hidden fees.

Shoutout to everyone who pushed this forward including the folks at Fintechs Canada. At KOHO we will continue to be advocates for a fairer financial future for all Canadians and we are just getting started! 🚀 

Read more about the FES here: https://bit.ly/3sKi88C

We are in good company 😎  

https://tgam.ca/3stDmY7

CA:KOHO

KOHO Financial Inc.

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