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Oh KOHO! Canadian Fintech Reaches Unicorn Status Ahead of Bid for Banking License
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Oh KOHO! Canadian Fintech Reaches Unicorn Status Ahead of Bid for Banking License
Canadian fintech KOHO has raised C$130 million in new funding, boosting the company’s valuation to C$1.33 billion and earning the firm unicorn status. The Series E investment provides KOHO with the initial capital base it requires to secure a federal banking license, and boosts KOHO’s total capital raised to $507 million. The round featured participation from both new and existing investors. Among the former were Mubadala, the Abu Dhabi-based so…
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