Founded in 2012 with focus on used car financing, Mogo Finance immediately addressed most mainstream transactions in the car market that historically are under-banked. High demand for quality used car financing encouraged Mogo to expand its operations to the neighboring countries and become top of mind brand in used car financing.
Successful development of Mogo Finance has been undearpinned by the efficient loan portfolio management, robust capital structure and custom made IT platform.
Current operations include Latvia, Estonia, Lithuania, Georgia, Poland, Romania, Bulgaria, Moldova, Albania, Belarus, Armenia and Ukraine. Continuous business expansion is part of Mogo strategy toward vision of becoming the most geographically diverse used car financier globally.