When was Moka founded?

Moka was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Moka located?

Moka is headquartered in Montreal, Canada.

How many employees does Moka have?

As of Apr 30, 2026, the latest employee count at Moka is 5.

Is Moka a funded company?

Moka is a funded company, having raised a total of $14M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 23, 2017.

When was the latest funding round of Moka?

Moka's latest funding was a $***** Series A round on Nov 07, 2019, with participation from 0 investor.

Where does Moka rank among its competitors?

Moka ranks 1st amongst 3 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Flahmingo, which secured $1.49M in Oct, 2021.

Moka - 2026 Company Profile, Team, Funding & Competitors

Moka is an acquired company based in Montreal (Canada), founded in 2017 by Philip Barrar. It operates as a Micro-savings & investment platform. Moka has raised $14M in funding. The company has 3 active competitors, including 2 funded and 1 that has exited. Its top competitors are Tranako and Flahmingo.

Company Details

Moka is a micro-savings & investment platform. It allows users to set aside spare change as savings while making payments for purchasing goods & services. It allows users to choose from multiple charities and use funds for making donations. The application can be accessed on iOS and Android devices.

Website: moka.ai
Social
Email ID: *****@moka.ai

Key Metrics

Founded Year

2017

Location

Montreal, Canada

Stage

Acquired

Total Funding

$14M in 3 rounds

Latest Funding Round

Series A, Nov 07, 2019, $*****

Investors

Desjardins & 1 more

Ranked

1^st among 3 active competitors

Employee Count

5 as on Apr 30, 2026

Investment & Acquisitions

Tactex Asset Management

Similar Companies

Acorns & 61 more

Exit Details

Acquired by Mogo (Mar 23, 2021)

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Moka got acquired by Mogo on Mar 23, 2021.

Click here to take a look at Moka's acquisition in detail

Moka has raised a total funding of $14M over 3 rounds. Its first funding round was on May 23, 2017. Moka has 2 institutional investors.

Here is the list of recent funding rounds of Moka:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 07, 2019	2013155	Series A	7815249	6267922	8289268	2533183
Jan 09, 2018	6200982	Seed	7516245	4058021	3802901	8445758
May 23, 2017	4500389	Seed	3627022	9049661	8566697	Ferst Capital Partners

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View details of Moka's funding rounds and investors

The founders of Moka is Philip Barrar.

Here are the details of Moka's key team members:

Philip Barrar: Founder & CEO of Moka and founder of 1 other company.

View details of Moka's Founder profiles and Board Members

Moka's employee count trend

Moka has 5 employees as of Apr 26. Here is Moka's employee count trend over the years:

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Top competitors of Moka include Tranako and Flahmingo. Here is the list of Top 10 competitors of Moka, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Moka 2017, Montreal (Canada), Acquired	Micro-savings & investment platform	$14M	Desjardins, Ferst Capital Partners	40/100
2nd	Tranako 2016, Tokyo (Japan), Series A	Automated spare change investment platform	$26.4M	JIC Venture Growth Investments, Ibis Capital Partners ... & 2 others	37/100
3rd	Flahmingo 2020, Calgary (Canada), Seed	Micro-investing and savings platform for individuals	$1.49M	Open People Network, WTF & 4 others	31/100