Growth · Fintech

KOHO raises C$130m in growth financing

Mubadala, Savano Capital and other investors participated in the financing.

KOHO raised C$130 million in growth financing on June 11. Participants included Mubadala, Savano Capital, Tobi Lütke, Michael Linford, Portage Ventures, Drive Capital, BDC Capital, HOOPP and Eldridge. The company provides Canadians with spending and savings accounts, credit-building tools and overdraft protection.

Funding history

Growth · This roundCA$130M

Sources

  1. KOHOprojectstartups.com
  2. businesswire.com