Power Financial leads Koho's second financing round
Vancouver-based fintech startup Koho Financial Inc has closed a second round of undisclosed financing, adding to its $1 million seed investment of last year. The new round was led Canadian management and holding company Power Financial Corp (TSX: PWF). It was joined by financial executives and technology entrepreneurs, including Rashay Jethalal, Adam Felesky, Scott Lake and David Tedman, as well as existing investors. Koho has developed a mobile account to manage day-to-day spending and saving. It plans to use the funds raised to enhance the product, introduce it to more users, and hire additional staff.
25 July 2016•3 mins read
