Full-Time
Confirmed live in the last 24 hours
Fintech offering prepaid cards and financial tools
CA$120k - CA$170kAnnually
Senior
Remote in Canada
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KOHO provides a modern banking alternative through its prepaid Visa cards and mobile app, aimed at individuals seeking better financial management without the fees of traditional banks. Users can earn cash back on purchases, build credit, and access their payroll early. The app and card are free to use, with KOHO generating revenue from merchant interchange fees and optional premium services. Unlike traditional banks, KOHO focuses on transparency and convenience, catering to tech-savvy consumers who want more control over their finances.
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$300.5M
Headquarters
Toronto, Canada
Founded
2014
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Wellness Program
Paid Vacation
Parental Leave
Remote Work Options
Home Office Stipend
Professional Development Budget
Company Equity
FinTech startup not yet confident about generative AI in customer-facing products
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TORONTO--(BUSINESS WIRE)--The National Basketball Association (NBA) and KOHO Financial Inc, a leading fintech company, today announced an agreement that will see KOHO serve as presenting partner of the 2024 NBA Playoffs in Canada. The collaboration marks the league’s first marketing partnership with the company. The announcement coincides with the start of the 2024 NBA Playoffs presented by KOHO and will feature the launch of the 2024 NBA Playoffs Sweepstakes presented by KOHO. From Saturday, April 20 – Tuesday, April 30, NBA fans across Canada can enter to win a trip for two people to attend an NBA Playoffs Conference Semifinals game and a trip for two people to attend a Conference Finals game. Fans in Canada can visit nbacontest.com/2024playoffs to enter the contest. “We’re thrilled to partner with the NBA
KOHO Financial Inc. (KOHO) a leading Canadian fintech company advances into their next phase of securing a banking license in Canada.This strategic move is part of the company’s core mission to democratize access to the best financial products and marks a significant milestone in KOHO’s eight year journey.“If we want to build the best products in the country, we need the best infrastructure in the country. This is a crucial next step in that journey,” says KOHO CEO, Daniel Eberhard.KOHO is also excited to announce Peter Aceto will be joining the leadership team to lead KOHO’s efforts to obtain a bank license. Peter spent nine years as the CEO of Tangerine Bank (formerly ING Direct) from its early formation through to its acquisition.“I have always admired the business that KOHO has built and the success they have achieved. I am excited to join the team, help them obtain a Canadian banking license, and contribute to their mission of providing transparent, innovative customer first financial products to everyday Canadians,” says Peter Aceto.Entering phase two of applying for a banking license will bring KOHO closer to its mission, highlighting the company’s steadfast commitment to financially empowering Canadians while providing them with the tools they need to succeed
Having secured new funding and key milestones, Canadian FinTech startup Koho is targeting growth and profitability in 2024.
Loading. Loading...TORONTO, Dec. 07, 2023 (GLOBE NEWSWIRE) -- KOHO Financial Inc ., a leading Canadian fintech company, announced today it successfully raised an additional $86 million in a series D extension at an $800 million valuation. New and existing KOHO investors provided the capital, including Drive Capital, Eldridge Industries, HOOPP, Portage, Round13, BDC, and TTV.Despite a decline in Canadian fintech investment during the first half of 2023, KOHO shines as an exceptional success story in the industry. Notably, it has sustained a consistently positive valuation since the 2021 funding round."When we look across the global fintech landscape, it is clear that more and more consumers are choosing newer, mobile-first technology startups that simplify their financial lives. KOHO is emerging as the winner in Canada and we're thrilled to continue to support this ambitious team and mission," said Chris Olsen, partner at Drive Capital.The company's overarching success is attributed to the continuous growth of its innovative product range which includes Credit Building , Cover , the ability to check your credit score for free, and an industry-leading 5 percent savings rate