Banking tech platform Koho secures $1 mln in venture funding
Koho, a Canadian technology-driven banking platform, has raised its first venture capital financing. The startup secured $1 million from a mix of Canadian angel investors and funds, including Joe Canavan, Ferst Capital, Hedgewood, Highline and Stanley Park Ventures. Based in Vancouver, Koho is a developer of technology that aims to give consumers, and especially millennials, a low-cost and modern alternative to traditional bank accounts. The company was co-founded in late 2014 by CEO Daniel Eberhard and Directors Jonathan Bixby, Mike Benna and Joshua Bixby. It is part of the financial technology cluster launched by MaRS Discovery District in February.
28 May 2015•3 mins read
