KOHO Raises $130 Million at $1.33B Valuation to Fund Growth and Continue Pursuit of Bank License

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VANCOUVER, British Columbia--(BUSINESS WIRE)--KOHO, Canada's leading financial technology company, today announced it has raised $130 million CAD, representing an important step towards the continued pursuit of its federal banking licence. The round includes new investors whose backing reflects both institutional weight and operator credibility. Mubadala, the Abu Dhabi-based sovereign investor managing over $385 billion USD in assets, and Savano Capital, a Baltimore-based investment firm that t