Koho
- Company typePrivate
- Founded2019
- HeadquartersPortland, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
Koho firmographics
Firmographics- Name
- Koho
- Website
- https://gokoho.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Koho industry classification
Industry- Product category
- Digital Banking
- NAICS
- Savings Institutions and Other Depository Credit Intermediation (522180)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Prepaid Reload Networks & Distribution (Retail Top-Up) (FSAMANAO)
Keywords
Where Koho is headquartered
LocationHeadquarters
- HQ city
- Portland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Koho business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Koho product offering
Product offeringCore offering
Koho is a Toronto-based FinTech firm that offers digital Joint Accounts for shared financial management. The accounts layer reward features on top of standard banking functionality, including interest earnings on balances, cash back on spending, and no foreign transaction fees, and are targeted at young Canadian consumers navigating shared expenses and affordability pressures.
Product overview
Koho is a Toronto-based FinTech firm offering digital banking services primarily through its core product, Joint Accounts. The platform provides financial management tools targeting young Canadians, featuring reward mechanisms such as interest earnings, cash back on transactions, and no foreign transaction fees to address affordability pressures and shared expense management among younger demographics.
Differentiator
Problem solved
Functional benefit
Products and services
- Joint Accounts Digital joint banking accounts offering reward features including interest earnings, cash back, and no foreign transaction fees, designed for shared financial management among young Canadians.
Quantifiable outcome
- 38% of Koho users reporting increased shared expenses
Companies that use Koho
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Koho technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Koho partnerships and signals
Strategic signalRecent moves1 record
Expansion highlights2 records
Koho competitors and assessment
Company assessmentEmerging players
- Nubank: Latin American neobank that scaled from a single credit card to a full financial platform. Provides a strategic comparable for Koho's product expansion path from a core banking account to a broader wallet share.
- SoFi: U.S. digital financial services platform bundling banking, credit, and investing. Relevant comparable for a multi-product roadmap anchored on a checking account, though operates in a different geography.
- Chime: U.S. neobank offering fee-free digital banking with cash back and early-pay features. Comparable product-led, low-fee model targeted at younger consumers, providing a cross-border analogue.
Direct peers
- Wealthsimple: Canadian fintech serving young Canadians with a multi-product platform (chequing, investing, crypto). Comparable target demographic and digital-first delivery model, and is one of the most direct competitive threats to Koho's joint-accounts proposition.
- EQ Bank: Canadian digital bank offering high-interest savings and spending accounts. Comparable digital-only model and interest-bearing positioning that overlaps with Koho's joint account reward design.
- Neo Financial: Canadian fintech offering a rewards-rich spending account, savings, and credit products aimed at younger Canadians. Closely comparable business model, target segment, and reward-based value proposition.
Broad incumbents
- Simplii Financial: CIBC's online banking subsidiary offering no-fee chequing, savings, and joint accounts in Canada. A relevant incumbent peer for joint account functionality with similar no-fee positioning.
- Tangerine: Scotiabank's direct digital bank in Canada offering chequing, savings, and joint accounts at scale. Competes with Koho in the same shared-account category but with a much larger deposit franchise and brand recognition.
- PC Financial: President's Choice Financial offers no-fee banking and a popular rewards-earning card in Canada. A mass-market incumbent whose loyalty-integrated rewards overlap with Koho's cash back value proposition.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Koho social profiles
Digital presenceKoho financial estimates
Financial estimateRevenue estimate
Valuation estimate
Koho leadership team
Management profileNumber of profiles
Koho funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Koho M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Koho
What does Koho do?
Koho is a Toronto-based FinTech firm that offers digital Joint Accounts for shared financial management. The accounts layer reward features on top of standard banking functionality, including interest earnings on balances, cash back on spending, and no foreign transaction fees, and are targeted at young Canadian consumers navigating shared expenses and affordability pressures.
Is Koho a public or private company?
Koho is a private company. It is classified as unknown and is currently operating.
When was Koho founded?
Koho was founded in 2019. It employs 101 to 250 people.
Where is Koho based?
Koho is headquartered in Portland, United States, in the North America region.
Who are Koho's main competitors?
Emerging players on record are Nubank, SoFi and Chime. Direct peers are Wealthsimple, EQ Bank and Neo Financial. Broad incumbents are Simplii Financial, Tangerine and PC Financial.
Does Koho have an API?
No public API is recorded for Koho.
What industry is Koho in?
Koho's product category is Digital Banking. Its primary akta.pro industry code is FSAMANAO, Prepaid Reload Networks & Distribution (Retail Top-Up). Its NAICS code is 522180 and its SIC code is 6199.