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Overview
Moka (previously Mylo) is Canada’s #1 saving and investing app and we're on a mission to help people around the world achieve their financial goals.
Moka makes it easy to save more, spend less, and invest smarter.
The Moka app automatically rounds up your everyday purchases and invests the spare change, which makes it possible for everyone to start investing with no minimum investment, lifestyle change or financial knowledge required.
Since launching in 2017, the app has been downloaded by 750,000 Canadians and earned thousands of 5-star reviews.
In 2020, the company rebranded from Mylo to Moka and expanded to France to make it possible for more people to round up —but investing spare change is just the first Moka feature designed to help people save more, spend less, and invest smarter.
Moka is developing new products driven by AI and human expertise that will reduce expenses, accelerate debt repayment, provide financial coaching, deliver valuable cashback rewards, and ultimately empower everyone to make the most of their money.
About
Financial Services, Finance, FinTech, Banking, Artificial Intelligence (AI)
2015
11-50
Headquarters locations
Montréal, Quebec, Canada, North America
Social
Profile Resume
Moka headquartered in North America, operates in the Financial Services, Finance, FinTech, Banking, Artificial Intelligence (AI) sector. The company focuses on Financial Services and has secured $1.1B in funding across 100 round(s). With a team of 11-50 employees, Moka is actively contributing to advancements in Financial Services. Their latest funding round, Seed Round - Moka, raised $376.7K. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
5
1
0
$10.5M
Details
5
Moka has raised a total of $10.5M in funding over 5 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2019 | Early Stage Venture | 7.6M | ||
2017 | Seed | |||
2017 | Seed | 554.6K | ||
2015 | Seed | 376.7K |
Investors
Moka is funded by 18 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Moka | - | FUNDING ROUND - Moka | 554.6K |
Ferst Capital Partners - FCP | - | FUNDING ROUND - Ferst Capital Partners - FCP | 554.6K |
Moka | - | FUNDING ROUND - Moka | 376.7K |
Ferst Capital Partners - FCP | - | FUNDING ROUND - Ferst Capital Partners - FCP | 376.7K |
Recent Activity
Funding Round
Nov 05, 2019
Moka raised $7602106 on 2019-11-05 in Series A
Funding Round
Jan 09, 2018
Moka raised $2004120 on 2018-01-09 in Seed Round
Funding Round
May 23, 2017
Moka raised $554638 on 2017-05-23 in Seed Round
Funding Round
Jan 01, 2017
Moka raised an undisclosed amount on 2017-01-01 in Angel Round
Funding Round
Oct 01, 2015
Moka raised $376685 on 2015-10-01 in Seed Round