
Back to learn
KOHO is just as safe as a regular bank, but way smarter
Rounding it up
Canadian financial institutions are extremely safe, and KOHO is no exception. KOHO stores your money in Peoples Trust, a federally regulated banking institution.
That means if—and that’s a big if—KOHO goes under, you’d still receive all your money through Peoples Trust.
If all Canadian financial institutions are safe, why should you choose KOHO? For starters, the average user spends a full 15% less than they did before joining KOHO.
Plus, KOHO is zero-fee for the most part, and is super transparent if there are any charges.
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