NEWS
A selection of important Mogo milestones and releases.
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Mogo Finance Group generates €33.6m in quarterly revenues and announces corporate brand change
Mogo Finance Group, an international fintech, shows strong financial results in the first quarter of 2021. The Group’s companies earned €33.6 million in revenue in 14 countries, which is a 45% year-over-year increase according to the company’s unaudited financial results. The Group continued to demonstrate strong performance for the third consecutive quarter following the initial […]
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Mogo now extends the offer by adding loans at higher interest rate without buyback guarantee and introducing risk categories
Share Email Mogo Group, one of the largest used-car financing companies in Europe, extends its offering on Mintos once again by adding a new higher-yielding investment product to the platform. Mogo loans without the buyback guarantee are available again on the marketplace. Moreover, you can now tailor your investments according to loan risk categories which […]
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Mogo Group now offers to invest in car loans from Albania
Mogo Group expands once again! This time, the company adds Albania, the 11th country on Mintos. Now you can invest in more car loans and get exposure to a developing economy. Since its founding in 2017, Mogo Albania has issued EUR 7.5 million worth of loans, and as of November 30, 2019, the company has a […]
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Mogo Finance reports Unaudited results for the nine months ended 30 September 2019
Increase in issuances continue to drive strong results OPERATIONAL AND STRATEGIC HIGHLIGHTS Group loans issued increased strongly by 40.2% equaling EUR 132.6 million (9M 2018: EUR 94.6 million), of which EUR 76.3 million in mature markets (9M 2018: EUR 69.1 million) Number of active customers in mid-tier markets up significantly by approx. 100.0% to over […]
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Mogo Finance announces settlement and listing of EUR 25 million tap on existing 9.50% corporate bond 2018/2022
Riga, Latvia, 13 November 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, announce the settlement of the EUR 25 million tap on its existing 9.50% corporate bond 2018/2022 (XS1831877755). Listing of the bonds on the Frankfurt Stock Exchange’s regulated market (General Standard) is based on the securities prospectus approved […]
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Mogo Finance: Unaudited 9M 2019 results on 15 November 2019 - Invitation to earnings call on 20 November 2019
Riga, Latvia, 11 November 2019. 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 20 November 2019, 15:00 CET, following the publication of its unaudited 9M 2019 results on 15 November 2019. Conference Call: CEO Modestas Sudnius […]
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Mogo Finance successfully places EUR 25 million tap on existing 9.50% corporate bond 2018/2022
Riga, Latvia, 7 November 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, is pleased to announce the successful placement of a EUR 25 million tap issue of its 9.50% corporate bond 2018/2022 (XS1831877755) at 95% plus accrued interest. Settlement is expected to take place on 13 November 2019. The […]
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Mogo Finance opens books for tap issue of existing 9.50% corporate bond 2018/2022
Riga, Latvia, 6 November 2019. Mogo Finance and its group companies (the “Group”), specialized in used car financing, announces the start of the subscription period for the increase of its 9.50% corporate bonds 2018/2022 (XS1831877755) by way of a tap issue. Settlement of the tap issue is expected to take place in mid-November 2019. The […]
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AS "mogo" external auditor change
With this AS „mogo” informs about the change of external auditor starting from 29th of October 2019. The previous external auditor SIA “Ernst & Young Baltic” is replaced by AS “KPMG Baltics”. About AS “mogo” AS “mogo” offers classical finance lease, lends against vehicles already owned by clients (a type of service known as leaseback) and instalment […]
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Mogo Finance shareholders commit to inject EUR 10M of additional capital
Riga, Latvia, 17 October 2019. Mogo Finance S.A., a specialist in secured used car financing, announces that it has signed a binding commitment with its current shareholders to provide up to ten million Euro (EUR 10,000,000) of additional capital. Two million Euro (EUR 2,000,000) already have been injected and the company intends to draw down […]
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Mogo Finance conducts European investor roadshow EUR bond tap issue may follow
Riga, Latvia, 3 October 2019. Mogo Finance S.A. and its group companies (the “Group”), specialized in used car financing, will conduct a series of investor meetings throughout Europe in connection with a potential tap issue of the EUR 75 million 9.5% Senior Secured Bonds 2018/2022 (XS1831877755). The Group has appointed Stifel Nicolaus Europe Limited as […]