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KOHO is just as safe as a regular bank, but way smarter
Rounding it up
Canadian banks are extremely safe, and KOHO is no exception. KOHO stores your money in Peoples Trust, a federally regulated CDIC-insured 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 banks 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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