Why Koho won’t bet on prediction markets

This week, we’re talking with Canada’s newest fintech unicorn, Koho. Earlier this year, Koho raised $130 million CAD as part of its quest to move from challenger bank to an actual bank. “I think that we will look back on prediction markets the same way we look back on altcoins and … NFTs.” The company is nearing the end of its 5-year journey to secure a Schedule 1 banking licence, which CEO Daniel Eberhard claims will help Koho offer more competitive lending and savings rates to everyday Canadia