Moka: Invest spare change 4+

Round up, Save, Invest, Earn

Moka Financial Technologies Inc.

Designed for iPhone

    • Free

iPhone Screenshots


Get started in just a few minutes and join over 500,000 Canadians who are investing with Moka. Watch your money growth with every purchase you make through Canada's first round up and save app.

The sooner you begin investing, the sooner you can reach financial freedom. Moka makes your journey to millionaire status stress-free and simple. With the industry’s lowest fees and growth-oriented portfolios, Moka can help maximize your returns and earn more over time than you might with our competitors.

Invest automatically
Set it and forget it. Moka makes it easy to save by automatically investing your spare change. Plus, you can boost your savings by setting up recurring weekly deposits or multiplying your roundups so you can save at a pace that’s right for you.

Fully-managed portfolios
Automated investing is the expert-recommended strategy for reaching financial freedom. Watch your wealth grow as your registered (human) portfolio manager automatically invests your money and dividends in a diversified portfolio that’s right for you.

Set big financial goals
Moka’s growth portfolio offers 95% investment in equities and 5% investment in crypto—giving your portfolio greater exposure to high performing assets. This maximizes your possible returns over time.

Invest in today’s most popular companies
When you buy an iPhone, you aren't just getting a new phone, your spare change is getting rounded up and invested in $AAPL. Investing in Moka’s diversified portfolios of ETFs means companies like Apple and Tesla can be part of your Moka portfolio automatically.

Make your money matter
You can further your investment impact by selecting a Socially Responsible Investment (SRI) account, which will invest in companies that are building a better world.

Grow your investment tax-free
Open an RRSP or TFSA to benefit from tax-free investing.

Get more from Moka
Upgrade to Moka 360 for even more essential wealth-building features, including personalized financial advice and debt repayment plans.

Your information is secure
To keep your information safe, Moka uses the same security infrastructure as major Canadian banks, including 256-bit encryption and secure SSL connections. All funds are held in trust for Moka clients at a custodian that provides CIPF insurance, which provides users the same amount of protection as any Canadian mutual fund.

Moka was founded in 2017 with the mission to help Canadians reach their financial goals. Today, we’re part of Mogo’s suite of digital solutions that empower over 1.9 million members to take control of their money, build wealth and fight climate change. Together, we’re helping Canadians get on the path to financial freedom.

Moka is available in English and French and supports all major Canadian banks.

Get support from Moka
We care about our customers. If you need help using Moka or want to update your investment portfolio, you can chat with us in the app or email

Apple named Moka a “New App We Love” and the company has also been featured in The Globe & Mail, Financial Post, CBC, BNN, Global, and many more.

What’s New

Version 3.7.21

We want to help you build wealth. That’s why we’ve refreshed our investment funds to provide you with competitive portfolios that can help you achieve your long-term financial goals. Start investing with just your spare change and recurring deposits and get on your path to financial freedom.

Ratings and Reviews

4.4 out of 5
15.2K Ratings

15.2K Ratings

tirelgowans ,

Great way to squirrel a bit of cash

You’d be surprised how fast a modest goal will grow. App is easy, staff are great. I’ve had great luck with their service team so far

Developer Response ,

Thanks so much for taking the time to leave a review. We’re happy to have you onboard for our mission of helping Canadians reach their financial goals! -Sarah

onedeel ,


I had Mylo for several months, but I decided to close my account recently. I was pretty satisfied with it for a while, but it was only recently that I became dissatisfied and started to question the app.

1) It’s hard to see where your money is going: They take your money every week and you can see this in your portfolio balance, but you don’t see the growth/loss until the account statements are released.

2) The account statements are often delayed If you are new to investing, this document is challenging to understand and If you are new to investing, this document is a bit challenging to understand.

3) Contacting them is only via email: What’s up with this? When I was closing my account, this really irked me. I had a few questions about closing my account and it was all through email. The worst part is that they pass you around from representative to representative. I tried getting a phone number, but they don’t have one.... (This really got me questioning the company).

4) You lose access to the app immediately when you close your account: As soon as you decide to close your account (via email), you will lose access to your account on the app instantly. You won’t have access to the final portfolio balance, YOU HAVE TO REQUEST for the final account statements. (This should be given out regardless if you don’t request for it). This is problematic, as I was disputing the final portfolio amount that was given to me by one of the representatives. Thankfully I was able to screenshot my portfolio balance and dispute it. What would’ve happened if didn’t?

Overall, it’s hard to see where your money is going with this app. It needs to be more transparent and user friendly. C’mon, you are dealing with peoples money!

I am now with another app that is so much more transparent, the UI and the graphics allow you to see where your money is truly going, how much it has grown...etc. Don’t know why it took me so long.

Developer Response ,

Hi Onedeel, we regret to hear that you did not enjoy your Mylo experience and we thank you for your feedback. I'll try to cover all of your points.
1) Each Goal is a direct reflection of your individual investment accounts and the balance already includes any profit or loss.
2) Monthly statements are released mid-month and our portfolio managers are always available to answer any questions if you need clarification on monitoring your investments.
3) You can contact us via email or via in app chat. We're available Monday through Friday and we usually answer within 24h.
4) Once you account is closed, your login credentials are disabled. However, annual statements and relevant documents will be provided by email, and your full balance is returned to your bank account.
I'll be taking your feedback to the right team and I wish you the best of luck in your future savings. - Sarah

m4ttw4rd ,

Showing promise and getting better everyday!

- great new features like boost, multiple accounts, etc.
- still a great responsive team
- the one star review about signing over all your rights to information makes me nervous but I never read the fine print so 👀🤷🏽‍♂️
- I inquired about ‘ethical investing’ opportunities, as I don’t want to support specific industries. Was told they are collecting info but not available at the time. Meanwhile at Wealthsimple 👀

Overall still a great app that I love to use, just wish they’d address some of the concerns on the reviews.

Original review:
I was lucky enough to get to try the beta version and it was really bumpy. Made me nervous for the release but with he launch came a really stable app that syncs perfectly with my account. I'm sure more features are coming, but their customer service team has made this experience exciting. Finally an investment program that is accessible, easy, and works with my spending habits. Now the more I spend, the more I save!

Developer Response ,

Hello! Thank you so much for your feedback. It's an honour to have had you as an early adopter and we are glad to see you are still using Mylo. We are a young, Canadian startup and doing our best to accommodate all our Users while addressing as many concerns as (humanly) possible -- sometimes even beyond. Please feel free to reach out anytime directly through the app or We'd love to hear from you :)

App Privacy

The developer, Moka Financial Technologies Inc., indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer's privacy policy.

Data Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Contact Info
  • Identifiers

Data Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Contact Info
  • User Content
  • Identifiers
  • Usage Data
  • Sensitive Info
  • Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

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