KOHO

traditional · Toronto, CA · est. 2014 · open in the directory →

Canada's leading prepaid neobank; credit building.

The facts

Categorytraditional
HQToronto, CA
Founded2014
CustodyCustodial
Regulation typeLicence pending (partner model today)
Licence detailPursuing Schedule 1 bank licence
CardMC · Prepaid
CashbackUp to 2%
YieldUp to ~4% interest
StablecoinsNo
KYCYes
Active regionsNorth America
CountriesCanada
FoundersDaniel Eberhard
Funding~C$400M raised

Verified links: official site ↗ · terms ↗ · @KOHOfinancial ↗

comparePut KOHO side by side with any of the other 356 tracked neobanks in the directory — custody, licence, cashback, yield, stablecoins and geography in one view.

Peers

Chime · Wise · Varo · Current · SoFi · Ally Bank

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.