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How does KOHO make money?

Rounding it up

  • Many financial institutions make profit in three ways: interest on loans, investments, and fees. KOHO, however, is not one of these financial institutions.

  • KOHO makes money in one of two ways. The first is through Premium account subscriptions (but we’re completely transparent about the user’s costs!).

  • The second is through interchange fees, the fees that merchants and retailers are charged whenever someone makes a purchase using a particular card.

  • As a digital-first company, KOHO is also able to save on expenses that are otherwise commonplace for financial institutions with brick-and-mortar locations.

6 min read

Ayaz Virani
#KOHO#banks#credit card#interest

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