After raising substantial financing in 2022, things went south for Koho. That year, Koho was recognized by Team True North, representing fintechs as one of Canada’s most promising growth companies. But 2023 saw layoffs and a lack of profitability. Resilience has been a crucial component of any company that has endured the global market turbulence of the past […]
Koho
BC Tech Unveils Finalists For 2024 Technology Impact Awards
The BC Tech Association has announced the finalists for the 2024 Technology Impact Awards. 38 finalists across 9 Technology Impact Award (TIAs) categories who achieved exceptional success in the past year. “The Technology Impact Awards recognize the very best companies in BC and the accomplishments of the leaders and teams in the BC economy’s fastest growing […]
BC Tech to Benefit from AWS’ New Western Canada Centre
Building on a 2016 centre in Montreal, Amazon Web Services has launched its second major infrastructure hub in Canada. Based in Calgary, this second AWS centre represents Western Canada. “With the launch of the AWS Canada West (Calgary) Region, customers and partners across Canada now have additional infrastructure to deploy applications with greater resilience, availability, […]
Vancouver-Born KOHO Raises at $800 Million Valuation and Surpasses One Million Users
Vancouver-born KOHO Financial announced today that it successfully raised an additional $86 million in a series D extension at an $800 million valuation and has surpassed one million users. Despite a decline in Canadian fintech investment during the first half of 2023 that saw valuations slide to levels not seen since the beginning of pandemic, KOHO […]
Vancouver-born Fintech Startup Koho Raises $42 Million
Now Toronto-headquartered KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures, including Greyhound Capital and other strategic investors. KOHO will use this investment to further accelerate its growth and build new products and services. The announcement comes as the Vancouver-born fintech startup continues to see rapid growth. In […]