Fintech Koho Financial joins Interac e-transfer service

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.

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.