Koho becomes Canada’s latest unicorn following $130-million Series E round (opens original article in a new tab)

Koho, a Canadian FinTech company, raised $130 million in Series E funding, achieving a $1.33 billion valuation and unicorn status as it progresses toward obtaining a federal banking licence.

• Koho secured $130 million in Series E funding with a $1.33 billion valuation.
• The company is in the final stages of acquiring a Schedule 1 banking licence in Canada.
• Koho has over 2.5 million users and aims to expand its financial services offerings.