NEWS

Fitch Ratings – Frankfurt am Main – 02 Jul 2020: Fitch Ratings has affirmed Mogo Finance S.A.’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Negative Outlook. A full list of rating actions is at the end of this rating action commentary. The Negative Outlook reflects that in Fitch’s view, the risks to Mogo’s […]

This Ratings Navigator for Mogo Finance S.A. is a visual overview of the key quantitative and qualitative factors we analyse to arrive at an entity’s credit rating, and embodies our commitment to providing clarity to investors. The navigator is fully aligned with our Rating Criteria, and clearly articulates how rating is constructed.  ACCESS REPORT

Fitch Ratings-Frankfurt am Main-07 May 2020: Fitch Ratings has revised the Outlook on Mogo Finance S.A.’s Outlook Long-Term Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at ‘B-‘. A full list of rating actions is at the end of this rating action commentary. The revision of the Outlook to Negative reflects […]

Strong profitability in terms of EBITDA despite unprecedented headwinds of global Covid-19 pandemic OPERATIONAL AND STRATEGIC HIGHLIGHTS In line with the announced commitment, Mogo Finance shareholders have injected additional EUR 5 million of capital during Q12020. This marks total new capital of EUR 10 million injected into the Group since September 2019 By following its […]

Riga, Latvia, 8 April 2020. Mogo Finance and its group companies (the “Group”), specialized in used car financing, cordially invites investors and analysts to a conference call with the Management Board on 15 April 2020, 15:00 CET, following the publication of its unaudited 3M 2020 results on 14 April 2020. Conference Call: CEO Modestas Sudnius […]

Together we are facing a dynamic and unprecedented situation with Covid-19. As we move forward and continue to work together, we want to reassure you our top priority remains serving our customers, stakeholders and taking care of our team members. As we look forward and we adapt ourselves to different restrictions imposed by local government […]

Mogo Finance, a global used car finance provider, has entered the Financial Times 1000 list of Europe’s fastest growing companies[1]. Compiled with Statista, a research agency, the top includes European companies that achieved the highest compound annual growth rate in revenue between 2015 and 2018.   This is the fourth annual FT 1000 list of Europe’s […]

Mogo Group launches loans from yet another country on Mintos – Kazakhstan. Mogo Kazakhstan offers a great opportunity to earn annual returns of up to 12% for its loans listed in euro (EUR) and up to 18% for its loans listed in tenge (KZT).  Kazakhstan is so far the largest country by area in Mogo Finance’s […]

Increase in issuances continue to drive strong profitability in terms of EBITDA growth OPERATIONAL AND STRATEGIC HIGHLIGHTS Group loans issued increased strongly by 55.6% equalling EUR 178.4 million (2018:  EUR 114.6 million), of which EUR 53.7 million in mid-tier markets (2018: EUR 33.1 million) In line with the announced commitment, Mogo Finance shareholders have injected […]

Riga, Latvia, 6 February 2020. Mogo Finance and its group companies (the “Group”), specialized in used car financing, cordially invites investors and analysts to a conference call with the Management Board on 18 February 2020, 15:00 CET, following the publication of its unaudited 12M 2019 results on 13 February 2020. Conference Call: CEO Modestas Sudnius […]