![]() ![]() The first step is to provide your email and set up a password, after which you’ll need to input some identification info like full legal name, date of birth, phone number, and more. Go to KOHO’s official website and select Open Account to sign up. You can open an account with KOHO in as little as five minutes, as there are no complicated processes like credit checks. Today, the company claims to have over half a million satisfied customers. KOHO successfully managed 120,000 accounts in 2019, allowing it to secure $25 million in second-round funding. Namely, if KOHO was to fail, the customers could still access their funds through Peoples Trust. Since KOHO is on Visa’s network, you may use it wherever Visa is accepted, both physically or via the internet.īeing partnered with Peoples Trust makes KOHO extremely safe. Apart from Visa, KOHO found partners in Peoples Trust, a trust company and a subsidiary of Peoples Bank of Canada, including investors such as Portag3, Drive Capital, and Power Group. The company offers banking services through a Visa prepaid card and mobile app. It was founded in 2014, but it didn’t launch its services until 2017. Is Online Sports Betting Legal in Canada?.Are Online Casino Winnings Taxable in Canada?. ![]()
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