How Does Koho Stack Up? 👊

Koho customers have been reducing their monthly spending by an average of 15% and saving over $500 within a few weeks. Creating an account with Koho takes less than 5 minutes. Koho doesn’t require a credit check, so opening up a new Koho account will not affect your credit score. Once you send in your initial e-Transfer to fund your …

Get the most out of Koho

Welcome to Koho, we’re so glad you’re here! We think your finances should be free(ing), not confusing or frustrating or depressing. Congrats on taking the first step towards financial freedom! We’ve put together these tips so you get as much out of Koho as quickly as possible.

🚀 Launch Day

It never made sense to us that in a country where banks make $140B in revenue and almost $40B in profit, we are still charged some of the highest bank fees in the world for old, outdated technology. We started Koho because we believe Canadians deserve a better, simpler way to manage their financial lives. Today, we get to share …

How to Automate Your Financial Life

Financial planning requires work and discipline, but that doesn’t mean you need to spend all your time tracking your finances. If you make smart use of automation, you can save time, money and the mental energy needed to make decisions. Here are four aspects of your financial life that you can automate right now. 1. Saving Saving money is a …

Getting Started With Koho

This is the Koho Quick Start Guide for Beta users. If you haven’t received your invite yet, you should soon (sending out about 1,000 a week!).  Once you start using Koho, you’ll probably notice a few things that are missing (*Cough* Chip & PIN & Bill Pay *Cough*), and a few things you haven’t seen before. For what’s missing, we’re working hard …

📢 New Feature Release: Categories

Have you ever wondered how much money you spend on coffee in a month, or how much you spent on Uber last year? Or what your average Car2Go ride costs? A smart, simple (and accurate) categorization system has been one of our most requested features to date, which is why we’re super excited to introduce Categories and Merchant Details with Koho …

Invest In Yourself (Even If You’re Broke)

One of the things we want to destigmatize here is that there are many good uses of money that aren’t related to a downpayment on a home, an RRSP, an EFT (or any other acronym-laden financial term). An investment is just something that gives us back more than we put in and many of the best ones aren’t financial products. …

Let's keep having open, honest conversations about money.

Our generation has a complicated relationship with money: we’re defined by a penchant for experiences over assets and more lifestyle optionality than ever. We’re also facing a climate of record student debt, an ever-widening income gap¹ and housing prices that are rapidly outpacing salary. Yet, through all of this, we still don’t want to talk about money. Maybe it’s because …