Koho, a Canadian fintech offering a zero-fee savings account, recently raised $165M in a Series D funding round led by Eldridge. Additional participation in the round included existing investors Drive Capital, TTV Capital, HOOPP, Round13, and DBC. The company surpassed 500,000 users after completing a Series C extension round in March 2021. Koho intends to use the capital to increase growth, expand within new product verticals, and double its workforce.
Canadian Fintech Koho Lands $165m Series D Funding