FintechCanadaJun 11, 2026

Koho Financial Inc. raises $130.0M (Canada, Jun 2026)

$130.0M
$130-million
Generated social card
Koho Financial Inc. social card
Headline

Koho raises $130-million, bolstering its case to become a bank - The Globe and Mail

About

Koho Financial Inc. is a digital bank challenger that offers customers cash back on purchases through its debit card services. The company aims to provide lower-cost banking products and has raised significant funding to bolster its bid for a federally regulated bank license.

Article summary

Koho raises $130-million, bolstering its case to become a bank  The Globe and Mail

Founder
Daniel Eberhard
CEO
Investors · 8
6 hidden
Mubadala Investment Co.Lead
FUND
Savano Capital Partners
FUND
Related rounds
Jul 24, 2026Elle, MD Technologies$825KPre-seedCanada
Jul 24, 2026KOHO$93.2MCanada
Jul 22, 2026Padder$100KGrantCanada
Jul 18, 2026Blockmate Ventures$740KCanada