KOHO logo — Giving Canadians the tools and knowledge to make their money...

KOHO

Giving Canadians the tools and knowledge to make their money grow—and make life better—every single day.

Founded 2014 Canada Toronto, Canada 422 employees Series D Total: $507.00M Finance, Financial Services +2

General Information

Company Name KOHO
Founded Year 2014
Location Canada Toronto, Canada
Employees 422
Industries Finance, Financial Services, Fintech +1
Funding Stage Series D
Social

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About KOHO

KOHO, founded in 2014, is a pioneering fintech company based in Canada. The firm is dedicated to financially empowering Canadians, offering a comprehensive platform that integrates functions like earning, spending, borrowing, building credit, and budgeting.

With a compelling slogan, "Giving Canadians the tools and knowledge to make their money grow—and make life better—every single day," KOHO has successfully engaged over 1.7 million users. The platform's core innovation lies in providing a seamless financial experience via a Mastercard and user-friendly financial tools, ultimately transforming personal finance into an accessible and engaging experience.

Recently, KOHO secured a significant $86.00M Series D investment on 07 December 2023. This funding round saw participation from esteemed investors including Drive Capital, TTV Capital, Eldridge Industries, HOOPP, Round13 Capital, Portage Ventures, and the Business Development Bank of Canada. This partnership not only highlights the confidence in KOHO's growth trajectory but also reinforces its commitment to innovate and expand its offerings in reshaping the financial landscape of Canada.

Business keywords: financial empowerment, digital banking, personal finance management, credit building, budgeting tools, spending insights, cash flow management, group spending, financial education, application-based banking, expense management, user-friendly finance, financial accessibility, innovation in finance

Services & Products

Cashback on Spending
Savings with Interest
Credit Building Tools
Prepaid Mastercard
Cash Advance Features
Pay Later Options
Rent Reporting Services
Tenant Insurance

Target Customers

Canadians Individuals Seeking Financial Growth Users Needing Credit Improvement Travel Enthusiasts Renters Young Professionals Tech-Savvy Consumers People Seeking Financial Security

Funding Rounds & Investors (12)

View All
Funding Stage Amount Investors Lead Investors Date
Series D $86.00M 7
Drive Capital, TTV Capital +5
07 Dec 2023
Secondary Market $10.00M -
01 Feb 2022
Series D $150.00M 7
Drive Capital, TTV Capital +5
01 Feb 2022
Debt Financing $50.00M -
01 Feb 2022
Debt Financing $65.00M 1
Armentum Partners
01 Jan 2022
Debt Financing $20.00M -
11 Mar 2021
Series C $50.00M 4
Drive Capital, TTV Capital +2
11 Mar 2021
Series B $25.00M 2
Drive Capital, NAventures
28 Nov 2019
Series B $42.00M 2
Grehound Capital, Portage Ventures
15 May 2019
Series A $8.00M 1
Portage Ventures
24 Sep 2017

View All 12 Funding Rounds

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FAQ About KOHO

Giving Canadians the tools and knowledge to make their money grow—and make life better—every single day.
KOHO was founded in 2014.
KOHO is headquartered in Toronto, Canada.
KOHO operates in Finance, Financial Services, Fintech and Payments. Its work centres on financial empowerment, digital banking, personal finance management and credit building. Its customers include Canadians, Individuals Seeking Financial Growth and Users Needing Credit Improvement.
KOHO has approximately 422 employees.
KOHO has completed 12 funding rounds, raising a total of $507.00M. The latest funding stage is Series D.
KOHO offers: Cashback on Spending, Savings with Interest, Credit Building Tools, Prepaid Mastercard, Cash Advance Features, Pay Later Options, Rent Reporting Services, Tenant Insurance.
Top alternatives and competitors to KOHO include Money Dashboard (acquired by ClearScore), Emma - we are hiring!, Petal, Qapital, KrediKarti.co. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
KOHO and Money Dashboard (acquired by ClearScore) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for KOHO, https://bouncewatch.com/company/koho, updated 26 August 2025. When citing, please name BounceWatch and link this page.

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