NEWS

AS “mogo” informs that as of August 13, 2019, Juris Pārups current Chairman of the Board of AS “mogo” has stepped down from his position. Considering the above, the AS “mogo” Board of Directors currently consists of one member – AS “mogo” CEO Krišjānis Znotiņš. About AS “mogo” AS “mogo” offers classical finance lease, lends […]

On 2nd August 2019 AS “Citadele banka” granted to AS “mogo” the credit line in the amount of EUR 3 million for refinancing of existing indebtedness. Maturity of agreement – July 2021. About AS “mogo” AS “mogo” offers classical finance lease, lends against vehicles already owned by clients (a type of service known as leaseback) and […]

Riga, Latvia, 23 July 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, have received a B- (Stable Outlook) Long-Term Issuer Default Rating (IDR) from Fitch Ratings (Fitch) and a Senior Secured Debt Rating assigned B- for its 9.50% corporate bond 2018/2022 (XS1831877755). In line with the recent uplisting to […]

AS “mogo” and its subsidiaries concluded 2018 with 46% increase in turnover In 2018 the turnover of AS “mogo” and its subsidiaries reached nearly 19 million euros, which is 46% turnover, compared to 2017. Thanks to increasing interest of the customers in possibility to get loan for the purchase of a used car, 2018 was […]

Increase in profitability with continued strong performance OPERATIONAL AND STRATEGIC HIGHLIGHTS Group loans issued increased by 17.0% equalling EUR 37.8 million (3M 2018: EUR 32.2 million), of which EUR 24.3 million in mature markets (3M 2018: EUR 24.1 million) Consolidated number of active customers up significantly by approx. 30.8% to over 85,000 (31 December 2018: […]

Mogo Finance: Unaudited 3M 2019 results on 15 May 2019 – Invitation to earnings call on 17 May 2019 Riga, Latvia, 13 May 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 17 May 2019, 15:00 […]

Riga, Latvia, 26 April 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, expects a delay in the publication of the audited FY 2018 results until mid of May 2019 instead of as planned at the end of April 2019 due to additional technical and organizational efforts related to the […]

AS “mogo” hereby informs that as a result of the voting the noteholders have accepted the amendments to the terms of the notes issue of AS “mogo” (ISIN: LV0000880029) dated 27 November 2017, and the amendments to the terms of the notes issue have entered into force on the date of publication of this announcement. […]

AS “mogo” hereby informs that as a result of the voting the noteholders have accepted the amendments to the Notes Prospectus of AS “mogo” (ISIN: LV0000801363) dated 13 October 2014, and the amendments to the prospectus have entered into force on the date of publication of this announcement. Announcement of voting results of the noteholders and approved amendments to […]

In accordance with Section 5.5. of to the Terms of the Notes Issue of AS “mogo” dated 27 November 2017 (ISIN: LV0000880029) AS “mogo” asks the noteholders to grant their consent for amendments to the terms of the notes issue, which provide that the principal amount of the notes shall be fully repaid in one […]