NEWS

A selection of important Mogo milestones and releases.

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Mogo Finance S.A.: Mogo Finance reports Unaudited results for the six months ended 30 June 2020

Successful transition through Covid-19 – Strong signs of recovery towards the end of H1 2020 OPERATIONAL AND STRATEGIC HIGHLIGHTS Measures implemented in response to Covid-19 prove to be effective – Operating countries nearly back to normal Declining issuances in H1 2020 recovering since May from troughs in April, but still below pre-Covid-19 levels and H1 […]

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Mogo Group now offers to invest in car loans from Kazakhstan

Mogo Group launches loans from yet another country on Mintos – Kazakhstan. Mogo Kazakhstan offers a great opportunity to earn annual returns of up to 12% for its loans listed in euro (EUR) and up to 18% for its loans listed in tenge (KZT).  Kazakhstan is so far the largest country by area in Mogo Finance’s […]

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Mogo Finance reports Unaudited results for the twelve months ended 31 December 2019

Increase in issuances continue to drive strong profitability in terms of EBITDA growth OPERATIONAL AND STRATEGIC HIGHLIGHTS Group loans issued increased strongly by 55.6% equalling EUR 178.4 million (2018:  EUR 114.6 million), of which EUR 53.7 million in mid-tier markets (2018: EUR 33.1 million) In line with the announced commitment, Mogo Finance shareholders have injected […]

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Mogo Finance: Unaudited 12M 2019 results on 13 February 2020 - Invitation to earnings call on 18 February 2020

Riga, Latvia, 6 February 2020. Mogo Finance and its group companies (the “Group”), specialized in used car financing, cordially invites investors and analysts to a conference call with the Management Board on 18 February 2020, 15:00 CET, following the publication of its unaudited 12M 2019 results on 13 February 2020. Conference Call: CEO Modestas Sudnius […]

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Mogo now extends the offer by adding loans at higher interest rate without buyback guarantee and introducing risk categories

Share Email Mogo Group, one of the largest used-car financing companies in Europe, extends its offering on Mintos once again by adding a new higher-yielding investment product to the platform. Mogo loans without the buyback guarantee are available again on the marketplace. Moreover, you can now tailor your investments according to loan risk categories which […]

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Mogo Group now offers to invest in car loans from Albania

Mogo Group expands once again! This time, the company adds Albania, the 11th country on Mintos. Now you can invest in more car loans and get exposure to a developing economy.   Since its founding in 2017, Mogo Albania has issued EUR 7.5 million worth of loans, and as of November 30, 2019, the company has a […]

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Mogo Finance reports Unaudited results for the nine months ended 30 September 2019

Increase in issuances continue to drive strong results OPERATIONAL AND STRATEGIC HIGHLIGHTS Group loans issued increased strongly by 40.2% equaling EUR 132.6 million (9M 2018:  EUR 94.6 million), of which EUR 76.3 million in mature markets (9M 2018: EUR 69.1 million) Number of active customers in mid-tier markets up significantly by approx. 100.0% to over […]

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Mogo Finance announces settlement and listing of EUR 25 million tap on existing 9.50% corporate bond 2018/2022

Riga, Latvia, 13 November 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, announce the settlement of the EUR 25 million tap on its existing 9.50% corporate bond 2018/2022 (XS1831877755). Listing of the bonds on the Frankfurt Stock Exchange’s regulated market (General Standard) is based on the securities prospectus approved […]

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Mogo Finance: Unaudited 9M 2019 results on 15 November 2019 - Invitation to earnings call on 20 November 2019

Riga, Latvia, 11 November 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, cordially invites investors and analysts to a conference call with the Management Board on 20 November 2019, 15:00 CET, following the publication of its unaudited 9M 2019 results on 15 November 2019. Conference Call: CEO Modestas Sudnius […]

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Mogo Finance successfully places EUR 25 million tap on existing 9.50% corporate bond 2018/2022

Riga, Latvia, 7 November 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, is pleased to announce the successful placement of a EUR 25 million tap issue of its 9.50% corporate bond 2018/2022 (XS1831877755) at 95% plus accrued interest. Settlement is expected to take place on 13 November 2019. The […]

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Mogo Finance opens books for tap issue of existing 9.50% corporate bond 2018/2022

Riga, Latvia, 6 November 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, announces the start of the subscription period for the increase of its 9.50% corporate bonds 2018/2022 (XS1831877755) by way of a tap issue. Settlement of the tap issue is expected to take place in mid-November 2019. The […]

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