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Canadian challenger bank Koho raised a CA$130M Series E at a CA$1.33B valuation, up from $800M in 2023, as it nears obtaining a Canadian banking license

FinTech firm passes 2.5 million users as it navigates “final stages” of acquiring banking licence.  —  Canadian challenger bank Koho Financial …

BetaKit Josh Scott

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  • @danebs Daniel Eberhard on x
    Today, @GetKoho announced $130M in new capital at a $1.33B valuation. We're very happy to welcome Mubadala, Savano Capital, @tobi, CEO, Founder of Shopify, and Michael Linford, COO of Affirm, to the KOHO story. We're also grateful for the continued support of Drive Capital, [vide…