Mogo Finance – established in 2012 – is a financial services company specializing in used car financing
Clear product offering: Focus on secured lending against the car title with finance lease or car leaseback option
Business model built around high demand for quality second hand cars
Low funding volumes and fast & intelligent data-driven credit assessments grants a different risk profile in comparison to “traditional” banks and leasing companies
Broad targeted customer base ~ with demand for a used car
Operations in 10 countries with omni-channel loan issuance strategy, tailored to local market specifics