Your Source for Canadian Fintech News
This week, CIBC, TD, and RBC reported a 100% increase of profit for Q1 of 2021 compared to the same period last year, while BMO has almost doubled their profit.
Currently, 53% of Canadians live paycheque to paycheque. [Read more…] about KOHO Launches Initiative To Help Canadians Fight Bank Fee Increases
Canadian challenger bank KOHO continues to disrupt the personal finance space, announcing today the launch of their first Credit Building product. KOHO Credit Building reports all activity to TransUnion®, one of the two major reporting bureaus in Canada. [Read more…] about KOHO Launches Credit Building for Canadians
Canadians can now turn to challenger bank KOHO to help pay expenses on time and avoid fees and interest.
KOHO launched an Early Payroll feature today to their entire user base, which provides users free access to $100 of their paycheque 3 days before the scheduled payday. [Read more…] about KOHO Launches Free Early Payroll Feature
Toronto-based fintech KOHO has added the support of Google Pay to their no-fee banking app. [Read more…] about KOHO Launches Support of Google Pay
KOHO is piloting a new Early Payroll feature that will help those under financial strain pay their bills and make ends meet. [Read more…] about KOHO Gives Canadians Early Access To CERB Benefits
Fintech startup KOHO today announced a partnership with fellow Canadian startup Hyr that will provide Hyr users early access to a portion of their pay at no cost. [Read more…] about KOHO And Hyr Partner To Give Canadians Early Access To Their Pay
KOHO announced today that it has closed a $42 million fundraising round led by Portag3 Ventures, including Greyhound Capital and other strategic investors. [Read more…] about KOHO Raises $42 Million in Series B Round
The average Canadian pays around $159 in bank fees per year – some of the highest in the world. That’s more than what most savings accounts with a $12,000 balance would earn in annual interest. [Read more…] about KOHO Launches Tool to Help Canadians Find Hidden Bank Fees
Toronto-headquartered Koho has created a cinematic provocation in response to North Americans paying among the highest banking fees in the world. [Read more…] about Koho Turns to Cinema to get Consumers Woke to Banking
