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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.
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