Mogo (company)
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Company type | Public |
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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 |
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 was acquired by Mogo Financial for 10 million Mogo shares valuing the transaction in excess of $100 million. CAD.[5]
References
[edit]- ^ Alexander, Doug (30 October 2017). "Another Company Surges After Announcing Plans to Get Into Cryptocurrencies". Bloomberg News. Retrieved 20 December 2017.
- ^ 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.
- ^ 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.
- ^ Zubairi, Amira (19 January 2017). "Mogo Wants to Gamify the Mortgage-Managing Process with its Newest Product". BetaKit. Retrieved 20 December 2017.
- ^ "Vancouver fintech Mogo acquires Carta Worldwide in $24m deal". Business in Vancouver. Retrieved 2021-01-15.