Mogo (company)

Last updated
Mogo Inc.
Company type Public
TSX:  MOGO
Industry Financial services
Founded2003
FounderDavid Marshall Feller
Headquarters Vancouver, British Columbia
ProductsPersonal 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 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 Worldwide was acquired by Mogo Financial for $24 million CAD in stock. [5]

References

  1. ↑ Alexander, Doug (30 October 2017). "Another Company Surges After Announcing Plans to Get Into Cryptocurrencies". Bloomberg News . Retrieved 20 December 2017.
  2. ↑ Orton, Tyler (25 June 2015). "Vancouver's Mogo fails to lift off during first day of $50m IPO". Business in Vancouver. Retrieved 20 December 2017.
  3. ↑ Krashinsky, Susan (25 January 2016). "Postmedia strikes deal with Mogo to swap ad space for revenue share". The Globe and Mail . Retrieved 19 December 2017.
  4. ↑ Zubairi, Amira (19 January 2017). "Mogo Wants to Gamify the Mortgage-Managing Process with its Newest Product". BetaKit. Retrieved 20 December 2017.
  5. ↑ "Vancouver fintech Mogo acquires Carta Worldwide in $24m deal". Business in Vancouver. Retrieved 2021-01-15.


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