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Save more. Spend less. Invest smarter

Save more. Spend less. Invest smarter

Meet Moka 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. 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, we rebranded from Mylo to Moka and expanded to Europe, starting with France, to make it possible for more people to round up - but investing spare change is just the first feature we designed to help people save more, spend less, and invest smarter. To date, Moka has raised $14M in funding, most notably from NAventures, the venture capital division of National Bank of Canada, and Desjardins Capital, the venture capital arm of North America’s largest association of credit unions. What’s next? We’re developing new products powered by AI and human expertise that will reduce expenses, accelerate debt repayment, provide financial coaching, and deliver valuable cashback rewards. Our goal is to empower everyone to make the most of their money. We’re looking for talented people to help us shape the next wave of innovation in financial services. If you want to join a team that’s helping people save more, spend less, and invest smarter, we’d love to hear from you!
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Total raised

$13.8M

Funded over

3 rounds

Latest round

Series A (Nov 2019)