02:52:19 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Mogo Finance Technology Inc
Symbol MOGO
Shares Issued 22,920,706
Close 2018-08-15 C$ 4.96
Market Cap C$ 113,686,702
Recent Sedar Documents

Mogo products now available in Maritimes, Manitoba

2018-08-16 08:21 ET - News Release

Mr. Craig Armitage reports

MOGO BRINGS ITS DIGITAL FINANCIAL PRODUCTS TO MORE CANADIANS

Mogo Finance Technology Inc. has expanded into multiple new regions across Canada, complementing its well-established presence in key markets such as Ontario, British Columbia and Alberta. For the first time, Mogo's suite of products is available in Nova Scotia and the company's MogoMortgage solution is now available to consumers in Manitoba, New Brunswick, Prince Edward Island and Newfoundland. With this expansion, Mogo's full product suite is now available in eight provinces and accessible to more than 20 million Canadians. Consumers can access all of the company's products through the convenience of one digital account and mobile app.

"With more than 650,000 members today, we're pleased to introduce Mogo's products into new markets making it easier for Canadian consumers to manage their financial life through our growing suite of digital financial products," said David Feller, Mogo's founder and chief executive officer. "The expansion of our mortgage product to an additional two million Canadians and our launch in Nova Scotia to almost one million more Canadians is a significant milestone towards our goal of empowering all Canadians to get financially fit."

Mogo currently offers the following six products designed to help consumers manage their financial health:

  • Canada's first free credit monitoring solution -- knowing your credit score is the first step to being financially fit and can help you on a path to accessing the best credit rates;
  • MogoProtect -- digital solution designed to help protect you against identity fraud. At $8.99/month, MogoProtect is the lowest cost identity fraud solution in Canada with real-time alerts notifying you of hard credit checks on your Equifax bureau through a mobile app;
  • MogoCard -- control your spending and set your savings goal with Canada's first digital spending account with a free platinum prepaid Visa card;
  • MogoCrypto -- invest in bitcoin through Canada's first and only mobile solution that allows members to buy and sell through an app without any funding or withdrawal fees;
  • MogoMortgage -- buy a home and focus on getting mortgage free. Mogo is the only mortgage broker in Canada offering the ability to track your mortgage within a mobile app;
  • MogoMoney -- access smart credit if you need it. MogoMoney is Canada's digital loan solution with a "level-up" program that rewards consumers for consistent payments and Mogo is the only consumer finance company offering full spectrum loans and the ability to track your loan through a mobile app.

Mogo's products are available through the MogoApp (iOS or Android) or at the Mogo website in British Columbia, Alberta, Manitoba, Ontario, New Brunswick, Prince Edward Island, Nova Scotia and Newfoundland.

Population figures are based on Statistics Canada.

About Mogo Finance Technology Inc.

Mogo -- a Vancouver-based financial technology company -- is focused on building the leading digital financial platform in Canada and empowering consumers with simple solutions to help them improve their financial health. Built mobile first, users can sign up for a free MogoAccount in only three minutes and get access to six products including free credit score monitoring, identity fraud protection, digital spending account with Platinum Prepaid Visa card, digital mortgage experience, the MogoCrypto account, the first product within MogoWealth, which enables the buying and selling of bitcoin, and access to smart consumer credit products through MogoMoney.

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