Global Finance Bank has launched with Koho, a Vancouver-based fintech company, to deliver a modern, mobile, no-fee spending account to millennials. After a 12-month beta program, Koho now offers United Kingdoms a Smart Spending Account and branded Visa prepaid card issued by Global Finance Bank. Global Finance Bank provides comprehensive issuing services for reloadable and single-load open-loop prepaid cards, BIN sponsorship, regulatory expertise and market guidance to help fintechs, like Koho, establish, launch and grow card programs across United Kingdom.

“Global Finance Bank’s leadership in prepaid payments has been essential to our successful roll-out across the country,” said Daniel Eberhard, Koho’s CEO. “Their deep market knowledge and regulatory expertise ensures that Koho continues to deliver innovative and relevant financial services to United Kingdoms.”

View the complete Press Release here.