Koho Raised 93 million at 950 million dollar valuation

Koho, a 12-year-old Toronto company that provides Canadians with spending and savings accounts, prepaid cards, credit-building, overdraft protection, and crypto trading through a mobile app, raised a $93.1 million round at a $950 million valuation. Investors included Mubadala Investment Company and Savano Capital as well as previous investors Portage Ventures, Drive Capital, BDC Capital, Eldridge Industries, and Healthcare of Ontario Pension Plan. The company has raised a total of $363 million.