Daniel Eberhard



Daniel Eberhard has built his career as an entrepreneur by finding ways to create scalable mission-driven companies. In 2010, he co-founded Kineticor Renewables and facilitated the development of a 20Mw wind energy plant up to point of construction. The company was acquired by Algonquin Power (AQN:TSX) in 2011. After the sale, Daniel travelled throughout Europe and saw firsthand the differences in the European banking system compared to Canada’s. The experience inspired him to take a deeper look into Canada’s flawed banking system. In 2014, he founded KOHO Financial, Canada’s first challenger bank, looking to help eradicate debt caused by a system fueled by hidden fees and interest rates. With an integrated app and reloadable Visa card, KOHO is building the ultimate savings experience and leading the charge in the fintech space Daniel was also named Baystreet Bull’s Top 30 under 30, along with KOHO receiving the NASDAQ award for Best FinTech Company.

Event Sessions Featuring Daniel Eberhard


Open Banking in Canada: considerations and opportunities

AltFi Toronto Summit 2018 - Wednesday 5 December 2018

  • Eberhard said the direction of travel is simple; consumers should have greater ownership over their data.

  • Poddar said Canadian regulators have to play an active role in implementing Open Banking in Canada otherwise it will be slow to happen.

  • Jiwan believes the other missing piece of the puzzle is clarity on guiding principles of a Canadian Open Banking regime from the regulator. Something that is currently missing.

  • Leboeuf said financial institutions are worried about losing connections with consumers which is offering lots of opportunities for first movers.