Updated October 14, 2026 · BorrowCue Editorial Team
KOHO vs Timo by BVBank
Where KOHO and Timo by BVBank differ
| Compare |  KOHO |  Timo by BVBank |
|---|---|---|
| APR | 19.9% to 34.9% | 2.1%Lower |
| Loan amount | CA$1,000 to CA$15,000 | up to ₫50,000,000 |
| Funding time | Funds deposited into your bank account the same business day | Within 1 business day of BVBank approval |
| Lender type | Broker | Direct lender |
| Eligibility | KOHO members residing in Alberta, Ontario, New Brunswick, Saskatchewan, Nova Scotia and British Columbia; Government ID and bank account information required to verify income | Vietnamese citizens aged 18 or over with a valid chip ID card open online in the app; foreigners aged 15 or over legally residing in Vietnam may open an account at a BVBank branch with a valid passport plus visa, temporary residence card or permanent residence card |
| Arrangement fee | Not confirmed | Kredivo platform fee charged once per loan, varies by loan term (VND 21,000 on a VND 700,000 loan) |
| Credit check | Soft prequal | Not confirmed |
| Representative example | Not confirmed | VND 700,000 personal loan over 3 months: platform fee VND 21,000, interest about VND 51,184, total to repay VND 772,184, about VND 257,350 per month |
| Rate type | Not confirmed | Fixed |
| Use cases | Home improvement | Not confirmed |
Same on both: Loan types (Personal, Credit line, BNPL).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Timo by BVBank scores higher overall: 9.6 vs 8.6.
- APR is lower at Timo by BVBank: 2.1% vs 19.9% to 34.9%.
- Support channels: only Timo by BVBank offers Email, Community.
- Features: only KOHO offers Same day funding.
Our verdict on each
KOHO
KOHO is a Canadian broker for members who want a reusable credit line rather than a one-off loan, with prequalification that leaves no hard credit search on file. Its apr of 19.9% to 34.9% on amounts of CAD 1,000 to CAD 15,000 sits well above the 10.5% typical for the wider market.
Timo by BVBank
Timo by BVBank presents instalment loans through financial partners. The unsecured loans are repaid monthly into a Timo account; applications require Vietnamese nationality.
Score breakdown
| Area | KOHO | Timo by BVBank |
|---|---|---|
| Cost | 8.5 | 9.7Higher |
| Offer | 9.2A soft prequal check, a credit line and Funds deposited into your bank account the same business day. | 10.0Higher |
| Trust | 8.3 | 9.2Higher |
Licences and countries
Additional countries for KOHO: 1. Additional countries for Timo by BVBank: 1.
How they place
| Ranking | KOHO | Timo by BVBank |
|---|---|---|
| Personal loans | 137 of 1920 | 255 of 1920 |
| Lines of credit | 28 of 328 | 39 of 328 |
| Buy now, pay later | 6 of 88 | 9 of 88 |
Every fact side by side
| Fact | KOHO | Timo by BVBank |
|---|---|---|
| Pricing model | Not confirmed | Fixed rate |
| Features | Same day funding, Credit lineCovers more | Credit line |
| Legal entity | KOHO Financial Inc. | Ban Viet Joint Stock Commercial Bank (BVBank) |
| Headquarters | Canada | Vietnam |
| Support channels | Chat, Phone, Help centre | Email, Chat, Phone, Help centre, CommunityCovers more |
Where each stands against the rest
| Fact | KOHO | Timo by BVBank | Median |
|---|---|---|---|
| APR | 19.9% to 34.9%highest quarter | 2.1%lowest quarter | 8.99 |
Median across 885 listed lenders.
Pros and cons
KOHO
Pros
- Apr of 19.9% to 34.9% on amounts of CAD 1,000 to CAD 15,000 for the credit line
- A soft prequalification, so a credit check does not follow the first enquiry
- Funds deposited into your bank account the same business day
Cons
- Apr reaches 19.9% to 34.9% at the top of the range, above the 20% many rivals sit at
- Membership is limited to residents of Alberta, Ontario, New Brunswick, Saskatchewan, Nova Scotia and British Columbia
- Support runs on chat, phone and help centre
Timo by BVBank
Pros
- Unsecured instalment-loan options provided by financial partners.
- Monthly repayments and disbursement to a Timo account.
Cons
- Partner and product terms, income and credit criteria apply; Vietnamese nationality is required.
Who each suits
KOHO
Who it suits
- Members in the provinces listed who are funding home improvement work
- Borrowers who expect to draw more than once rather than take a single loan
- People who want to see an offer before committing to a full credit check
Who should look elsewhere
- Anyone outside the listed provinces, who cannot open the account
- Borrowers chasing the lowest rate, since the top of the range is steep against the 20% mark
- Readers who prefer a direct lender, since KOHO sits in the broker minority on the site at 20.6%
Timo by BVBank
Who it suits
- Vietnamese customers comparing partner-provided instalment borrowing through Timo.
Current offers
KOHO
Current offer
Timo by BVBank
Current offer
Bonus
New-customer savings offer when shopping with 7-Eleven: VND 100,000 for new customers
for new Timo customers
Source, checked September 26, 2026
Country by country
| Country | KOHO | Timo by BVBank |
|---|---|---|
| Canada | Yes | No |
| Vietnam | No | Yes |
Questions about each
KOHO
What apr does KOHO charge on its credit line?+
The line of credit runs at an apr of 19.9% to 34.9%. That is well above the 10.5% recorded across credit lines on the site, so it pays to compare before you accept. The rate you are offered depends on your own profile.
How much can I borrow from KOHO?+
Borrowers can take CAD 1,000 to CAD 15,000 on the line of credit. That sits above the €885.74 typical amount in this category, which is useful if the work is more than a quick repair. Drawdowns come out of the limit rather than opening a new agreement.
Does applying to KOHO damage my credit file?+
KOHO runs a soft prequal, so a first look at an offer does not leave a hard credit search behind it. A hard search usually follows only once you accept and the application is processed. Checking first is therefore a low cost way to see the rate.
How quickly can I get the money?+
Funds deposited into your bank account the same business day. Same day funding is one of the more common features among lenders on this site, at 82.9%, so the speed is competitive rather than unusual. It is worth pairing with the reusable line for urgent repairs.