Koho Users Can Now Buy, Hold, and Manage Crypto

Why It Matters

Integrating crypto into a trusted money‑management app lowers the barrier for mainstream Canadians, accelerating digital‑asset adoption and strengthening Koho’s competitive position in the North American fintech landscape.

Key Takeaways

• Koho partners with NDAX to offer crypto trading within app
• Over 20 cryptocurrencies, including Bitcoin and Ethereum, now available
• Trade fees range from 0.5% for Everything plan to 1.5% for non‑members
• Koho’s 2.5 million users gain in‑app price alerts and recurring purchases
• Crypto integration supports Koho’s push for a Schedule 1 banking licence

Pulse Analysis

Koho’s entry into cryptocurrency trading marks a notable shift in Canada’s fintech ecosystem. By leveraging NDAX’s regulated infrastructure, Koho sidesteps the complexities of building a custodial platform from scratch, allowing it to roll out a seamless crypto experience within its existing money‑management app. This partnership not only broadens the product suite for Koho’s 2.5 million users but also addresses a long‑standing pain point: the fragmented process of moving funds between banking and crypto services. The move aligns with a growing consumer appetite for integrated financial solutions that combine traditional banking with digital assets.

The fee structure—0.5% for members on the premium Everything plan, 1% for mid‑tier plans, and 1.5% for non‑members—positions Koho competitively against pure‑play crypto brokers while rewarding loyalty. Features such as price alerts, recurring purchases, and in‑app education aim to demystify crypto for average Canadians, potentially boosting transaction volume. As Koho plans to add staking and two‑way transfers for additional coins, the platform could evolve into a one‑stop shop for wealth‑building tools, driving higher engagement and cross‑selling opportunities across its credit, debit and loan products.

Beyond immediate user benefits, the crypto rollout dovetails with Koho’s strategic objective of securing a Schedule 1 banking licence, a milestone that would grant it full banking capabilities. The company’s recent CAD 190 million ($140 million USD) equity and debt raise underscores investor confidence in this trajectory. Participation in Payments Canada’s real‑time rail initiative further positions Koho to capitalize on faster settlement networks, enhancing the speed and reliability of crypto transactions. Collectively, these developments signal a maturation of Canada’s digital‑asset market, where fintechs like Koho are bridging the gap between regulated banking and the burgeoning crypto economy.