Koho Financial
Latest round
- Series E
Last raised
- Jun 2026
Total raised
- $391M
Investors
- 16
About Koho Financial
Koho Financial Inc. was founded in 2014 in Toronto, Canada by CEO Daniel Eberhard. The company provides a financial platform aimed at improving users' financial management. In June 2026, Koho Financial Inc.33 billion post-money. As of July 2026. Daniel Eberhard and David Merriby are the co-CEO of the company. KOHO offers a comprehensive suite of financial tools designed to enhance the money management experience for Canadians. At the core of its offerings is a prepaid Mastercard, providing users with up to 2% cash back on everyday spending and up to 4% interest on savings. KOHO includes features like Rent Reporting to help build credit history and borrowing options like Cash Advances, targeting individual consumers across Canada, particularly urban dwellers and younger demographics focused on financial management. KOHO Financial Inc. generates revenue through a direct-to-consumer fintech model that combines subscription-based memberships, financial services, and value-added products offered through its digital platform and prepaid Mastercard ecosystem. The company offers paid plans such as Extra and Everything, which provide enhanced cashback rewards, higher savings interest rates, premium support, fee reductions, and discounts on other services in exchange for recurring subscription fees. In addition, the company generates revenue from cryptocurrency trading services offered through its platform, as well as ancillary services such as travel-related products, eSIM services, insurance offerings, and other financial management tools. Its prepaid Mastercard serves as the foundation of the platform, enabling customers to spend, save, and access KOHO’s broader suite of financial products, creating multiple revenue opportunities across subscriptions, financial service fees, and partner-enabled offerings.
Who invested in Koho Financial
16 investors across 8 rounds
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Funding rounds
Series E
Jun 11, 2026
Amount
$93M
Investors
Series D
Dec 7, 2023
Amount
$63M
Investors
Series D
Feb 1, 2022
Amount
$125M
Investors
Series C
Mar 11, 2021
Amount
$50M
Investors
Series B
Nov 28, 2019
Amount
$19M
Investors
Series B
May 15, 2019
Amount
$31M
Investors
Series A
Sep 24, 2017
Amount
$8M
Investors
Seed
May 28, 2015
Amount
$1M
Investors
Questions about Koho Financial
Who invested in Koho Financial?
Koho Financial has 16 investors on record across 8 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Koho Financial raised?
Koho Financial has raised 8 venture rounds. Sign up free to see how much each round raised and the total.
When did Koho Financial last raise money?
Koho Financial's most recent round on record is a Series E, in Jun 2026.
What does Koho Financial do?
Koho Financial is a financial services company.
Where is Koho Financial headquartered?
Koho Financial is headquartered in Vancouver, Canada.
Which VCs invest in companies like Koho Financial?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Koho Financial's stage. Their profiles are linked below.
VCs backing financial services startups at Series E
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