Tech & Gadgets

Why Koho won't bet on prediction markets

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Canadian fintech Koho, recently valued as a unicorn after raising $130 million, will not be pursuing the integration of prediction markets into its platform. The company's CEO views these markets as a potentially problematic form of gambling, a stance that’s notable given Koho’s imminent pursuit of a full banking license. This decision signals a cautious approach to new technologies as the company expands its services and navigates increased competition within the Canadian financial sector.

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