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.
- Website
- www.koho.ca/
- 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
Ranked
1st among 14 active competitors
Employee Count
49 as on May 27, 2025
Legal entities associated with KOHO
KOHO is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
KOHO FINANCIAL INC. CIN: 10353876 , Canada, Active | Aug 04, 2017 | - | - | - |
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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:
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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 |
View details of KOHO's funding rounds and investors
KOHO's founders and board of directors
Founder? Claim ProfileThe 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:
- Jonathan Bixby: Co-Founder of KOHO and founder of 2 other companies, Clarify Pharma and Blue Mesa Health. They are also an angel investor in 2 startups.Contact Info: 1 email address
- Joshua Bixby: Founder & Investor of KOHO.
- Mike Benna: Co-Founder and Investor of KOHO.
- Daniel Eberhard: CEO of KOHO. They are also an angel investor in 1 startup and serve on the board of 1 company.
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 |
View details of KOHO's Founder profiles and Board Members
KOHO's employee count trend
KOHO has 49 employees as of May 25. Here is KOHO's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Internet-first bank for individuals | $367M | 70/100 | ||
2nd | App-based multi-currency digital wallet | - | - | 42/100 | |
3rd | Provider of digital financial management application and prepaid card | - | - | 39/100 | |
4th | Fintech Select 2017, Toronto (Canada), Public | Crypto financial solutions for consumers and businesses | - | - | 31/100 |
5th | Cashless mobile payment services provider | - | 29/100 | ||
6th | NFC mobile wallet app | - | - | 24/100 | |
7th | Payment card solutions for individuals | $7.97M | - | 24/100 | |
8th | Commission-based prepaid card | - | - | 24/100 | |
9th | Reloadable prepaid card for consumers | - | - | 24/100 | |
10th | ThriveCard 2014, Toronto (Canada), Unfunded | Prepaid card solution | - | - | 22/100 |
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
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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KOHO Launches Crypto Offering Powered by Ndax, Bringing Low-Cost, Regulated Trading to CanadiansBusiness Wire•Apr 29, 2026•KOHO
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KOHO Joins Payments Canada, Enhancing Canada’s Payments SystemGlobal Fintech Series•Jan 28, 2026•KOHO
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Payments Canada Welcomes Payment Service Provider MembersCNW•Jan 27, 2026•Payments Canada, Brim Financial, Float, KOHO and 2 others
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KOHO Registered as Payment Service Provider With Bank of CanadaGlobal Fintech Series•Nov 05, 2025•KOHO
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XTM Signs Exclusive Referral Agreement With KOHO for Canadian AnyDay™ MembersBusiness Wire•Nov 15, 2024•XTM, KOHO
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XTM Signs Exclusive Referral Agreement With KOHO for Canadian AnyDay™ MembersFinancial Post•Nov 15, 2024•XTM, KOHO
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