K
Koho
Money app with prepaid cards, savings tools, credit building and cash advances
About Koho
KOHO is a Canadian fintech company that offers a modern alternative to traditional banking through its prepaid Visa cards and mobile app. The company primarily serves individuals looking for better financial management tools without the complexities and fees associated with traditional banks. Operating in the financial technology market, KOHO provides features such as cash back on purchases, credit building services, and early payroll access. The business model revolves around offering a free-to-use app and card, while generating revenue through interchange fees from merchants and optional premium services. KOHO's target clients are tech-savvy consumers who seek transparency, convenience, and control over their finances.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- Toronto, Canada
- Employees
- 446
- Open positions
- None listed
- Dealroom signal
- 83.0/100
- Industry
- Fintech
- Sub-industry
- Banking
- Sector
- Fintech, Challenger Bank, Digital Bank, Rumoured $1B, Core Banking, BNPL, Credit Card, Consumer Lending, financial inclusion, Verified Thoroughbreds
- Business model
- SaaS
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES EOther financing | Jun 2026 | $95M | $975M | BDC Capital · Tobias Lütke · Drive Capital · Portage Ventures | ↗ |
| DEBTDebt | Oct 2024 | $110M | — | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Koho is 920K monthly website visits, up 17.9% over the last three months. Koho's team grew 8.3% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
HIGHLINE
Hedgewood
Ferst Capital Partners - FCP
Stanley Park Ventures
Power Financial Corporation
Series A5 investors entered at this stage
Great West Lifeco
Portage VenturesIGM Financial
Greyhound Capital
Drive Capital
Series B and later10 investors entered at this stage
TTV Capital
Eldridge
Healthcare of Ontario Pension Plan
BDC Capital
Round13 Capital
Propelr Growth
Rockefeller Asset Management
Tobias Lütke
Mubadala Investment Company- SPSavano Capital Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Koho on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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