NEWS

A selection of important Mogo milestones and releases.

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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 is first on Mintos to offer investments in GBP

Great news for investors looking to invest in British Pound (GBP)! Non-bank car loan provider Mogo now lists its loans issued in Poland in GBP on the Mintos marketplace. GBP is the eighth currency investors can invest in through Mintos. “Seeing the rapidly growing number of investors from the United Kingdom and the high demand […]

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Mogo adds loans from Bulgaria to the Mintos marketplace

Non-bank car loan provider Mogo continues strengthening its presence on the Mintos marketplace by adding Mogo car loans issued in Bulgaria to its offering to investors. Bulgaria is the sixth Mogo Group market represented on Mintos. Mogo is one of the top loan originators on the Mintos marketplace. Mogo joined Mintos in March 2015, and […]

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Mogo offers loans from Romania on the Mintos marketplace

Non-bank car loan provider Mogo has added car loans issued in Romania to its offering on the Mintos marketplace. Thus, Romania is the the fifth Mogo Group market represented on Mintos, alongside Estonia, Latvia, Lithuania and Poland. Mogo is one of the top loan originators on the Mintos marketplace. Mogo joined Mintos in March 2015, and has […]

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Changes in the Board of AS “mogo”

AS “mogo” informs, that effective from 15 March 2017, there are changes in the Board of the Company. The current Chairman of the Board Aleksandrs Čerņagins is being replaced by Edgars Egle. Aleksandrs Čerņagins will remain Member of the Board of AS “mogo”. About AS “mogo” AS “mogo” offers classical finance lease and lends against vehicles […]

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Mogo to offer loans from Poland on Mintos marketplace

Non-bank car loan provider Mogo is expanding its presence on the Mintos marketplace! Mogo will now offer car loans issued in Poland on the platform. The loan originator will offer investment opportunities in Polish zloty (PLN). Mintos will host Mogo Poland loans from PLN 2 500 to PLN 35 000, with a repayment deadline of […]

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Mogo financial calendar in 2017

Audited Annual Report for 2016 will be published on 28 February, 2017. Unaudited interim condensed financial information for the 3 month period ended 31 March 2017 will be published on 28 April, 2017. Audited interim condensed financial information for the 6 month period ended 30 June 2017 will be published on 31 August, 2017. Unaudited […]

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Mintos marketplace – loan originator’s perspective

Quite a few of the most active Mintos investors have shown interest in MOGO’s business, asking questions on Facebook groups and approaching me directly. This blog post aims to answer the most frequently asked questions. Please note that even though the MOGO business model is similar in all countries in which we operate, there are […]

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Mogo launches loans without buyback guarantee

We are happy to announce that Mogo loans without the buyback guarantee are now available on the Mintos marketplace. We are excited to bring to market yet another loan product that will allow investors to further diversify risk. With a total of EUR 130 million in loans originated since the company was founded in 2012, […]

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Interview with Mogo Finance Group Chief Financial Officer Maris Kreics

“Everyone should play to their strengths. Mogo’s expertise is issuing loans to customers. We have developed advanced process for assessing clients’ creditworthiness, and we are able to evaluate collateral at a very high accuracy in a timely manner.” The Mintos team has developed a peer-to-peer lending platform covering a wide range of investors around the […]

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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 […]