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KOHO - About the company

KOHO is a series D company based in Toronto (Canada), founded in 2014 by Jonathan Bixby, Joshua Bixby and Mike Benna. It operates as an Internet-first bank for individuals. KOHO has raised $367M in funding from investors like Portage, TTV Capital and Drive Capital. The company has 14 active competitors, including 1 funded and 3 that have exited. Its top competitors include companies like Spend, STACK and Fintech Select.

Company Details

Koho is an internet-first bank for individuals. It offers services such as savings & deposit accounts, NFC-enabled prepaid cards for online/offline purchases, and more. It enables users to track spendings and savings. It categorizes expenses made through the card. It features savings module that automatically puts money aside and helps users save. It provides an app-based platform that is available on iOS & Android devices.
Social
XFacebook
Email ID
*****@koho.ca
Phone Number
+1 **********
Registered Address
202 - 25 E. 6th Avenue, Vancouver
Key Metrics
Founded Year
2014
Location
Toronto, Canada
Stage
Series D
Total Funding
$367M in 12 rounds
Latest Funding Round
Investors
Ranked
Employee Count
49 as on May 27, 2025
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KOHO's funding and investors

KOHO has raised a total funding of $367M over 12 rounds. Its first funding round was on May 28, 2015. KOHO has 22 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of KOHO:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 17, 2025
3988917
Series D
1826798
7116746
1119267
8183472
Oct 02, 2024
4042980
Conventional Debt
9029344
9391164
1728990
Oct 02, 2024
2754909
Series D
4506356
6603247
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KOHO's founders and board of directors

Founder? Claim Profile
The founders of KOHO are Jonathan Bixby, Joshua Bixby and Mike Benna. Daniel Eberhard is the CEO of KOHO.
Here are the details of KOHO's key team members:

KOHO's Board of Directors

KOHO's board has 6 active members. Daniel Eberhard, Chris Olsen, Kunal Arora, Adam Felesky, Sanjiv Samant and Jane Skoblo are independent board members.
Here is the list of KOHO's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
8y 9m
ehlzovn
Independent board member
-
Current
6y 8m
tzjaxxq
Independent board member
-
Current
2y 6m
rysjben
Independent board member
-
Current
7y 3m
bmitmpt
Independent board member
-
Current
6y 5m
ftrkyb{
Independent board member
-
Current
8y 7m

KOHO's employee count trend

KOHO has 49 employees as of May 25. Here is KOHO's employee count trend over the years:
Employee count trend for KOHO
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KOHO's Competitors and alternates

Top competitors of KOHO include Spend, STACK and Fintech Select. Here is the list of Top 10 competitors of KOHO, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for KOHO
KOHO
2014, Toronto (Canada), Series D
Internet-first bank for individuals
$367M
70/100
2nd
Logo for Spend
Spend
1995, Toronto (Canada), Acquired
App-based multi-currency digital wallet
-
-
42/100
3rd
Logo for STACK
STACK
2016, Toronto (Canada), Acquired
Provider of digital financial management application and prepaid card
-
-
39/100
4th
Logo for Fintech Select
Fintech Select
2017, Toronto (Canada), Public
Crypto financial solutions for consumers and businesses
-
-
31/100
5th
Logo for Newt
Newt
2018, Toronto (Canada), Funding Raised
Cashless mobile payment services provider
-
29/100
6th
Logo for TruCash
TruCash
2014, Mississauga (Canada), Unfunded
NFC mobile wallet app
-
-
24/100
7th
Logo for Savvii
Savvii
2021, Toronto (Canada), Deadpooled
Payment card solutions for individuals
$7.97M
-
24/100
8th
Logo for Paylution
Paylution
2009, Vancouver (Canada), Unfunded
Commission-based prepaid card
-
-
24/100
9th
Logo for PayPower
PayPower
2011, Ottawa (Canada), Unfunded
Reloadable prepaid card for consumers
-
-
24/100
10th
Logo for ThriveCard
ThriveCard
2014, Toronto (Canada), Unfunded
Prepaid card solution
-
-
22/100
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Looking for more details on KOHO's competitors? Click here to see the top ones

KOHO's Investments and acquisitions

KOHO has made no investments or acquisitions yet.

Reports related to KOHO

Here is the latest report on KOHO's sector:

News related to KOHO

lockFilter this list
Media has covered KOHO for a total of 7 events in the last 1 year, 5 of them have been about company updates and 1 about people movement.
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FAQs about KOHO

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