Fintech Koho Financial joins Interac e-transfer service

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Financial technology company Koho Financial Inc. has joined the Interac e-transfer service.

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Financial technology company Koho Financial Inc. has joined the Interac e-transfer service.

The change means Koho will be able to offer its users a more seamless and integrated way to transfer money.

The addition of Koho follows a recent broadening of access to the Interac service for qualified payment service providers.

The Interac logo is shown in Toronto on Wednesday, Aug. 23, 2023. THE CANADIAN PRESS/Joe O'Connal
The Interac logo is shown in Toronto on Wednesday, Aug. 23, 2023. THE CANADIAN PRESS/Joe O'Connal

Interac chief executive Jeremy Wilmot says by expanding access to the network it is enabling more choice and innovation for consumers and businesses.

Koho, which has applied for a Canadian banking license, offers financial services including savings accounts, credit cards and lines of credit.

The Interac e-transfer service processed over 1.6 billion transactions last year.

This report by The Canadian Press was first published May 12, 2026.

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