Page 4 - Daniel Eberhard News Today

Canadian fintech KOHO this week launched their first credit building product. KOHO Credit Building reports all activity to TransUnion®, one of the two

FinTech startups frustrated with glacial pace of Canada’s open banking consultations Sue Britton was feeling “super optimistic” when the Advisory Committee on Open Banking sent out a package for phase-two consultation participants with an outline of the workshops it wanted to hold and its recommendations for an eventual framework. “It was very exciting to see such a focus on both the consumer and the small business and innovation,” she said. “To see the purpose was t...

FDX reports 16 million consumers using API, claims Canada, US lead in open banking adoption The Financial Data Exchange (FDX), an organization that aims to bring the financial industry under a common standard for financial data access, has claimed Canada and the United States are “global leaders” in open banking adoption. FDX, which only operates in the United States and Canada, recently reported 16 million consumers in Canada and the United States are using its FDX API for ...

Mobile banking provider Koho completes $70-million financing round Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Mobile banking provider Koho Financial Inc. has raised $70-million in its latest financing, new money that leads to Power Corp. giving up its controlling stake in the company. Koho w...

Canadian Challenger Bank KOHO Launches No-Fee Savings Account “KOHO Save” March 5, 2021 @ 9:01 am By Samantha Hurst KOHO, a Canada-based challenger bank that offers Canadians an alternative to traditional banking, announced on Friday the launch of its first no-fee savings account, KOHO Save. Koho reported that the new product, which is now available in the KOHO app, offers a highly competitive 1.2% interest on a user’s entire balance, with no teaser rates and no minimum balance required...

With new execs and new products, Koho says it’s ready to become Canada’s leading challenger bank The launch of a new credit building product this week is the latest of many moves by Koho to scale its growth and become Canada’s foremost challenger bank. In recent months, Koho has made significant changes to its executive and senior leadership team, bringing on a new CTO, CMO, CFO, and VP of people and culture. Claiming to be Canada’s leading challenger bank – with a use...