Mintos marketplace – loan originator’s perspective
Quite a few of the most active Mintos investors have shown interest in MOGO’s business, asking questions on Facebook groups and approaching me directly. This blog post aims to answer the most frequently asked questions. Please note that even though the MOGO business model is similar in all countries in which we operate, there are [...]
Read More
We are happy to announce that Mogo loans without the buyback guarantee are now available on the Mintos marketplace. We are excited to bring to market yet another loan product that will allow investors to further diversify risk. With a total of EUR 130 million in loans originated since the company was founded in 2012, [...]
Read More
Maris Kreics, Mogo CFO
“Everyone should play to their strengths. Mogo’s expertise is issuing loans to customers. We have developed advanced process for assessing clients’ creditworthiness, and we are able to evaluate collateral at a very high accuracy in a timely manner.” The Mintos team has developed a peer-to-peer lending platform covering a wide range of investors around the [...]
Read More
Mogo Finance attracts EUR 23.3 million mezzanine growth capital
Mezzanine Management has provided EUR 23.3 million of mezzanine finance to support the growth of Mogo Finance (Mogo), a non-bank car financing provider operating in the Baltics and Georgia. The deal was funded through Accession Mezzanine Capital III, Mezzanine Management’s third investment vehicle. The fund is backed by reputable institutional investors, including European Bank for [...]
Read More
AS “mogo” audited annual report for 2014
AS “mogo” concludes year 2014 with a net profit of 0.54 million euro 2014 was a period of very rapid growth for the Company. Total assets of the Company grew up to 28 million euro, turnover reached 5.8 million euro, EBITDA 2.4 million euro, and net profit of the Company reached 0.54 million euro. In [...]
Read More
AS “mogo” unaudited financial results
AS “mogo” (the Company) continues to see rapid growth of business in Latvia. The Company’s interest and similar income for the ten-month period ending on 31 October 2014 totaled EUR 4,602,750, increasing by 154% compared to the same period last year. The Company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) reached EUR 2,201,301 and [...]
Read More
Marcis Grinis, Member of the Board at AS mogo Daiga Auzina-Melalksne, Head of Exchange Services at Nasdaq OMX Baltic Market
Marcis Grinis, Member of the Board at AS mogo; Daiga Auzina-Melalksne, Head of Exchange Services at Nasdaq OMX Baltic Market   Provider of vehicle finance lease and leaseback services AS “mogo” has issued notes to attract EUR 19 million as financing for its leasing portfolio. A total of 19,062 notes with an initial nominal value [...]
Read More
1 7 8 9