Mr. David Feller reports

MOGO FINANCE TECHNOLOGY LAUNCHES ANDROID APP

Mogo Finance Technology Inc. has launched the Android version of the Mogo app. The release of the Android app increases Canadian consumers' access to Mogo products and represents another milestone on Mogo's path to building the best digital banking experience in Canada. This completes Mogo's digital platform accessibility as Canadians can now open a Mogo account through their desktop, tablet, mobile Web, or using an iOS or Android app.

"In our view, the mobile app is the heart of a digital banking experience, and it's how more and more Canadian consumers will access and manage their finances," said David Feller, founder and chief executive officer of Mogo. "While the banks are challenged to deliver a truly digital banking experience because of legacy technology, at Mogo a consumer can open an account in as little as three minutes, through either our iOS or Android app, and access their credit score for free, a personal loan if they need it, a mortgage and our new digital spending account. Over the next few years as banking gets more digitized, consumers will continue to look for more convenient and transparent options outside of what the big banks offer, and we intend to continue to lead in offering innovative options with lower rates and fees that help Canadians save time and money.

"According to IDC, Android is the leading smart phone operating system globally. With more than 350,000 Mogo members and growing, the Android app will support the continued growth of our member base and attract more Canadians to our innovative digital financial products."

Mogo's Android app is the first Android app in Canada to provide a free credit score with monthly credit score monitoring. Canadian consumers can download the free Mogo app in the app store and Google Play store and get their free Mogo account in three minutes with access to Mogo's innovative products that are designed to help consumers improve their financial health.

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