Koho raises CA$130M at CA$1.33B valuation

Koho raised CA$130M in Series E funding at a CA$1.33B post-money valuation, up from CA$800M in 2023, as it advances toward securing a Canadian banking license. The round values the company at 1.625x its 2023 valuation and signals strong investor confidence in its path to full banking license approval. Funding supports product expansion and compliance infrastructure.