Mogo Finance attracts EUR 23.3 million mezzanine growth capital

Mogo Finance attracts EUR 23.3 million mezzanine growth capital from Mezzanine Management

Mezzanine Management has provided EUR 23.3 million of mezzanine finance to support the growth of Mogo Finance (Mogo), a non-bank car financing provider operating in the Baltics and Georgia. The deal was funded through Accession Mezzanine Capital III, Mezzanine Management’s third investment vehicle. The fund is backed by reputable institutional investors, including European Bank for […]

AS “mogo” unaudited financial results

AS “mogo” unaudited financial results for the ten month period ended 31 October 2014

AS “mogo” (the Company) continues to see rapid growth of business in Latvia. The Company’s interest and similar income for the ten-month period ending on 31 October 2014 totaled EUR 4,602,750, increasing by 154% compared to the same period last year. The Company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) reached EUR 2,201,301 and […]