KOHO: Capital Raising
Koho raised C$130 million at C$1.33 billion valuation, achieving unicorn status. Capital will support pursuit of federal banking license.
Source: Globe & Mail Business
The leadership read
Will need senior banking/regulatory executives (Chief Compliance Officer, Head of Regulatory Affairs), operations leadership for banking infrastructure, risk management, and potentially commercial banking team expansion. Also CFO and finance leadership to manage larger balance sheet.
Market context: the MitchelLake Talent Market Index reads 108.5 — Hot (+10.8 vs prior month); Americas signal share is easing (-9.8pts).
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