Montreal, Canada
Moka Financial Technologies, founded in 2016, is aiming to redefine personal finance management through its innovative app, Canada's leading solution for saving and investing. The company, originally known as Mylo, underwent rebranding in 2020 as part of its expansion strategy to enter the French market.
With a mission encapsulated by its slogan: "Automate getting rich. The easy way to achieve financial freedom. 💸🚀", Moka's app has reached a substantial user base with over 750,000 downloads in Canada. This growth is supported by strategic funding, having raised $14M to date from investors like NAventures and Desjardins Capital.
The most recent funding—a $10.00M Series A investment in November 2019—involved contributions from Tactito, NAventures, Desjardins Venture Capital, and Ferst Capital Partners - FCP. Positioned at the intersection of AI and Fintech, Moka continues to explore avenues to enhance financial well-being for its users globally, leveraging innovative technologies within the Finance and Banking industries.
