Koho Financial

Fintech · Toronto, CA · koho.ca

Canadian challenger bank pursuing a federal banking licence.

Founders

Daniel Eberhard (Canada · ♂) — After founding and selling a renewable-energy company and then traveling Europe, where he saw how much fairer and more transparent UK banking was than Canada's, he founded KOHO in 2014 to give Canadians a low-fee, transparent banking alternative.

Shares the most investors with (number = shared investors):

Date	Round	Amount
Jun 2026	Series D Plus Koho closes an all-equity Series E of 130 million Canadian dollars (about 95 million USD) at a post-money valuation of 1.33 billion CAD, becoming a unicorn as it pursues a federal banking license. No lead disclosed.	$95M

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