KOHO Financial is a Canadian financial technology company, not a bank. Its mission is to simplify personal finance for Canadians by offering a no-fee alternative to traditional banking. Founded in 2014, the company provides a full-service account that comes with a reloadable prepaid Mastercard and a mobile application. The platform includes features such as automated savings, real-time spending insights, budgeting tools, and a cash back rewards program. Funds held in KOHO accounts are deposited with their partner, Peoples Trust Company, which is a member of the Canada Deposit Insurance Corporation (CDIC), ensuring deposits are protected.

Founded in

Canada