Review (March 2024)

Moka helps you save effortlessly by automatically investing your spare change. get started in just a few minutes and watch your money grow with every purchase you make. save more, spend less and invest smarter with moka.

2.4M

Estimated Revenue

28.75k

Website Visitors

4/5

Trustpilot Score

What do we know about Moka Financial Technologies?

Estimated Revenue (2020)

$2.4M

Total Funding

$10.54M

Total Employees

56

Founded

2016

Industry

Financial Services

Last Funding Date

Series A Nov 2019

Location

Montréal, Canada

About

Moka Financial Technologies: Moka helps you achieve your financial goals. The Moka app automatically rounds up your purchases and invests the spare change, and that's just the beginning! Save more, spend less and invest smarter with Moka.

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What is Moka Financial Technologies's Revenue?

Moka Financial Technologies's estimated revenue for 2023 is $2.4M.

What does Moka Financial Technologies do?

Moka (previously Mylo) is on a mission to help people achieve their financial goals with Canada's #1 saving and investing app. In July 2017, the company launched its core offering—an app that automates saving and investing—and it is now developing other innovative products to help its users save more, spend less and invest smarter. The app has been downloaded by 750,000 Canadians, and it rebranded from Mylo to Moka for expansion to France in 2020. To date, Moka has raised $14M in funding, most notably from NAventures, the venture capital division of National Bank of Canada, and Desjardins Capital, the venture capital arm of North America's largest association of credit unions. // Moka (auparavant connue sous le nom de Mylo) a pour mission d'aider les gens à atteindre leurs objectifs financiers à l'aide de l'appli d'épargne et d'investissement la plus populaire au Canada. En juillet 2017, l'entreprise a lancé son offre de base – une application d'épargne et d'investissement automatisés – et développe présentement d'autres produits innovateurs afin d'aider ses utilisateurs à épargner plus, à dépenser moins et à investir plus intelligemment. L'appli a été téléchargée par 750 000 Canadiens, et Mylo a été renommée Moka pour son expansion en France en 2020. À ce jour, Moka a mobilisé 14 M$ de financement, des capitaux provenant principalement de NA capital de risque, la division de capital de risque de la Banque Nationale du Canada, et Desjardins Capital, le fonds de capital de risque du plus important groupe coopératif en Amérique du Nord.

What are the monthly traffic metrics for Moka?

6/mo Traffic Growth

14.80%

All Time Traffic Growth

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Monthly Hits

29k

Time on Site

1.4Mins

Bounce Rate

57%

How fast is Moka growing?

Moka has grown by 20.5% in the last 6 months according to SimilarWeb.

How do people interact with Moka?

Last month, Moka received 29k visitors who spent an average of 1.4 minutes on the website and visited 2.0 different pages per session. Overall, 57% of people bounce on the first visit.

How do people find Moka?

6.9k people (24%) visit Moka directly. 19.1k (67%) people search for them in Google. Whereas, 790 (3%) discover Moka through Facebook, Reddit, and YouTube. 393.2 (1%) visitors come from Moka's email newsletters. Finally, 730.5 (2.5%) people come from affiliates and or paid referrals.

Who uses Moka?

Moka's top market is the Canada and they receive 18.4k (63.9%) people.
Then the 2nd is France with 6.5k (22.6%).
The 3rd is is United States with 1.3k (4.5%).

Traffic Growth (last 6 months)

All Traffic Source

Country Share

Traffic Growth (last 12 months)

See 12/mo Traffic Stats

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