Mogo (company)

Mogo Inc.
Company typePublic
TSX: MOGO
IndustryFinancial services
Founded2003
FounderDavid Marshall Feller
HeadquartersVancouver, British Columbia
ProductsPersonal loans, identity fraud protection, mortgages, Visa Debit card, credit score, Bitcoin wallet
SubsidiariesCarta Worldwide
Websitemogo.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.