HISTORY

Founded in 2012 in Latvia, with a focus on secured car loans, Mogo immediately addressed needs which had previously been underfinanced by traditional lenders. Growing demand for affordable used car loans encouraged the company to expand its operations to other markets and become the top-of-mind brand in used car financing.

2019
2018
2017
2016
2015
2014
2013
2012
2019

Launch of business in Kazakhstan

Operations in Kenya launched

Operations in Uganda launched

Fitch Rating B- (Stable Outlook) received

Mogo Finance S.A. tapped the Eurobond in the amount of €25m

2018

Launch of business in Belarus

Mogo Finance issues EUR 50 million corporate bond

Launch of business in North Macedonia

Mogo Finance successfully places EUR 25M tap on existing bond

Launch of business in Uzbekistan

2017

Launch of business in Bulgaria

Launch of business in Armenia

Launch of business in Moldova

Launch of business in Albania

€10 million tap bonds issued

2016

Launch of business in Poland

Launch of business in Romania

2015

Mogo attracts € 23 million mezzanine growth capital

€1 million EUR financed in Mintos marketplace

2014

€20 million bonds issued in NASDAQ OMX Baltic Market

10 000+ active clients milestone reached

Launch of business in Georgia

2013

Launch of business in Lithuania

€1m loans issued per month milestone reached

Launch of business in Estonia

2012

Founding of Mogo in Riga, Latvia

Financing license received and loan issuing started