Mogo

Mogo Inc.
Type	Public
Traded as	TSX: MOGO
Industry	Financial services
Founded	2003
Founder	David Marshall Feller
Headquarters	Vancouver , British Columbia
Products	Personal loans, identity fraud protection, mortgages, Visa Debit card, credit score, Bitcoin wallet
Subsidiaries	Carta Worldwide
Website	mogo.ca

Mogo Inc. is a Vancouver -based company, founded in 2003 by David Marshall Feller. The company offers high interest loans, "identity fraud protection", mortgages, a Visa Prepaid Card, and credit score viewing through Equifax for select customers.^[1] Mogo had an initial public offering on the Toronto Stock Exchange in June 2015.^[2] In January 2016, Mogo made a deal with Postmedia to exchange a percentage of profits for free newspaper ads.^[3] In January 2017, the company began offering mortgages.^[4] In January 2021, Carta was acquired by Mogo Financial for 10 million Mogo shares valuing the transaction in excess of $100 million. CAD.^[5]

References

↑ Alexander, Doug (30 October 2017). "Another Company Surges After Announcing Plans to Get Into Cryptocurrencies". Bloomberg News. https://www.bloomberg.com/news/articles/2017-10-30/mogo-soars-24-after-saying-it-added-blockchain-capabilities.
↑ Orton, Tyler (25 June 2015). "Vancouver's Mogo fails to lift off during first day of $50m IPO". Business in Vancouver. https://www.biv.com/article/2015/6/vancouvers-mogo-fails-lift-first-day-50m-ipo/.
↑ Krashinsky, Susan (25 January 2016). "Postmedia strikes deal with Mogo to swap ad space for revenue share". The Globe and Mail. https://www.theglobeandmail.com/report-on-business/industry-news/marketing/postmedia-strikes-deal-with-mogo-to-swap-ad-space-for-revenue-share/article28380899/.
↑ Zubairi, Amira (19 January 2017). "Mogo Wants to Gamify the Mortgage-Managing Process with its Newest Product". BetaKit. https://betakit.com/mogo-wants-to-gamify-the-mortgage-managing-process-with-its-newest-product/.
↑ "Vancouver fintech Mogo acquires Carta Worldwide in $24m deal" (in en). https://biv.com/article/2020/11/vancouver-fintech-mogo-acquires-carta-worldwide-24m-deal.

0.00

(0 votes)

[1] Alexander, Doug (30 October 2017). "Another Company Surges After Announcing Plans to Get Into Cryptocurrencies". Bloomberg News. https://www.bloomberg.com/news/articles/2017-10-30/mogo-soars-24-after-saying-it-added-blockchain-capabilities.

[2] Orton, Tyler (25 June 2015). "Vancouver's Mogo fails to lift off during first day of $50m IPO". Business in Vancouver. https://www.biv.com/article/2015/6/vancouvers-mogo-fails-lift-first-day-50m-ipo/.

[3] Krashinsky, Susan (25 January 2016). "Postmedia strikes deal with Mogo to swap ad space for revenue share". The Globe and Mail. https://www.theglobeandmail.com/report-on-business/industry-news/marketing/postmedia-strikes-deal-with-mogo-to-swap-ad-space-for-revenue-share/article28380899/.

[4] Zubairi, Amira (19 January 2017). "Mogo Wants to Gamify the Mortgage-Managing Process with its Newest Product". BetaKit. https://betakit.com/mogo-wants-to-gamify-the-mortgage-managing-process-with-its-newest-product/.

[5] "Vancouver fintech Mogo acquires Carta Worldwide in $24m deal" (in en). https://biv.com/article/2020/11/vancouver-fintech-mogo-acquires-carta-worldwide-24m-deal.