- Canada’s leading challenger bank KOHO makes waves in the fintech space with the launch of its first no-fee savings account, KOHO Save
- The product, now available in the KOHO app, offers a highly competitive 1.2% interest on a user’s entire balance
- Struggling with the additional pitfalls of Covid-19, the average Canadian now owes $73,523 in debt, up 2.2% from 20191
- The average interest rate offered by the big banks is only 0.05%, leaving Canadian consumers with a banking system
- KOHO provides an increased level of insurance and peace of mind for users looking to load and save more money
- With the addition of KOHO Save, KOHO operates as both a chequing and savings account
