About KOHO
KOHO is a company based in Toronto (Canada) founded in 2014 by Joshua Bixby, Mike Benna, Jonathan Bixby, and Daniel Eberhard. It operates as a FinTech, Subscription Services, and Freemium. KOHO has raised $367.28 million across 12 funding rounds from investors including National Bank of Canada, Rockefeller Capital Management and Portage. KOHO offers products and services including KOHO Mastercard, Savings Account, Credit Building, and Cash Advance. KOHO operates in a competitive market with competitors including Fintech Select, ThriveCard, TruCash, PAGALO and EntroPay, among others.
- Headquarter Toronto, Canada
- Founders Joshua Bixby, Mike Benna, Jonathan Bixby, Daniel Eberhard
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Koho Financial Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$367.28 M (USD)
in 12 rounds
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Latest Funding Round
$10.84 M (USD), Series D
Apr 17, 2025
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Investors
National Bank of Canada
& 17 more
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Employee Count
Employee Count
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Products & Services of KOHO
KOHO offers a comprehensive portfolio of products and services, including KOHO Mastercard, Savings Account, Credit Building, and Cash Advance.
Prepaid card offering cashback on everyday spending.
Account earning interest on deposited balance annually.
Tools provided to improve personal credit history.
Short-term borrowing option for urgent cash needs.
People of KOHO
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Software Development Team
24 people
Sales and Marketing
8 people
Data Analysis and Operations Team
7 people
Product Management Team
7 people
Senior Team
6 people
Leadership Team
5 people
Human Resources and Administration
3 people
Finance and Accounting
3 people
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Funding Insights of KOHO
KOHO has successfully raised a total of $367.28M across 12 strategic funding rounds. The most recent funding activity was a Series D round of $10.84 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 12
- Last Round Series D — $10.8M
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First Round
First Round
(28 May 2015)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series D - KOHO | Valuation |
investors |
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| Oct, 2024 | Amount | Series D - KOHO | Valuation | PROPELR Growth | |
| Oct, 2024 | Amount | Debt – Conventional - KOHO | Valuation |
investors |
Investors in KOHO
KOHO has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include National Bank of Canada, Rockefeller Capital Management and Portage.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Late-stage growth equity investments are offered by PROPELR Growth.
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Founded Year | Domain | Location | |
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Venture capital firm focused on pre-seed and seed stage investments
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Founded Year | Domain | Location | |
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Investments are made by TTV Capital in early-stage fintech companies.
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Founded Year | Domain | Location |
Investments & Acquisitions by KOHO
Financial Statements - KOHO
Koho Comparisons
Competitors of KOHO
KOHO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fintech Select, ThriveCard, TruCash, PAGALO and EntroPay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Crypto financial solutions are provided for consumers and businesses.
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| domain | founded_year | HQ Location |
Prepaid card for earning rewards through shopping, sharing, and peer payments.
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| domain | founded_year | HQ Location |
Provides prepaid Visa cards for consumer payments and corporate incentives.
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| domain | founded_year | HQ Location |
Provides prepaid cards for money transfers and online payments.
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| domain | founded_year | HQ Location |
Electronic money issuing for consumers through financial platforms.
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Latest news on Koho
Frequently Asked Questions about KOHO
KOHO was founded in 2014 and raised its 1st funding round 1 year after it was founded.
KOHO is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Daniel Eberhard is the current CEO of KOHO. They have also founded this company.
KOHO is a funded company, having raised a total of $367.28M across 12 funding rounds to date. The company's 1st funding round was a Series D of $29.6M, raised on May 28, 2015.
KOHO is operated as a Canadian financial application designed to assist users in managing money and improving financial health. Services are provided in areas such as spending, saving, borrowing, and credit building. Solutions are offered through a prepaid Mastercard with cashback, high-interest savings accounts, and tools for credit improvement. Various plans are made available to cater to different user needs, ensuring flexibility and accessibility in personal finance management.
KOHO's top competitors include Fintech Select, ThriveCard and TruCash.
KOHO offers KOHO Mastercard, Savings Account, Credit Building, and Cash Advance.
KOHO has 18 investors. Key investors include National Bank of Canada, Rockefeller Capital Management, Portage, BDC, and Power financial.