The Countdown: Koho’s Year in Review

Well, here we are.

2017 was a year when millenials were chastized for having good taste in brunch foods instead of saving for a mortgage, and the banks continued to charge Canadians some of the highest fees in the world.

It was a pretty bangin’ year for Koho, to be honest. We went from beta to a full launch of our app + reloadable card, and got thousands of Canadians to join us.

Since at heart we are tech nerds who live for data, below is a breakdown of how people used Koho to spend + save smarter in 2017.

Get Koho Now

Who Spent What, Where?


Average Koho Purchase in
$0.17
Ottawa

$0.07
Mississauga

$0.98
edmonton


SpentSaved


Goal Crushers

What was the average savings goal amount in 2017?

$1350

You set savings goals for trips to Kauai, lots of tattoos, and a few sets of braces, too.


Prime, Baby

Who spent more at Amazon.ca:
Toronto or Vancouver?

Vancity!

On average, Koho users in Vancouver spent $49.22, compared to Torontonians who spent $48.05.



A Snapshot of Our Growth in 2017




A Canadian’s love of coffee runs deep.
How deep, you ask?



chilliwack: Average tim hortons purchase
$2.92
TORONTO: Average tim hortons purchase
$4.39
CALGARY: Average Tim Hortons Purchase
$5.17
winnipeg: Average Tim Hortons Purchase
$5.39
Nationwide: Average tim hortons purchase
$4.85
NATIONWIDE: average starbucks purchase
$6.76

Weird Fact:

For every person who is saving for a Tesla, there are 1.6 people saving for a dishwasher.

What Else Are You Saving For?

(hint: it's the happiest place on earth)

Disney World!

Dozens of Koho users are saving up for trips to visit Mickey.


What % of transportation dollars did folks spend on Uber?

Transportation includes gas, trains, buses, parking, cabs, uber rides,
toll roads, + car rentals.

Hamilton
18%
Toronto
20%
Edmonton
5%
Newmarket
15%
Ottawa
21%

Thanks For All The Love This Year


  • “The real time alerts of what you’ve spent are very convenient and the budgeting breakdown is the best I’ve seen” -Sean

  • “By the way, I f****** love this app and card” -Tyler

  • “Really digging the @GetKoho idea of ‘spendable money’ when reporting on your account balance” -Alex


Cheers to a big, bright 2018 from the team at Koho!


all
0
of us