Welcome to our dedicated page for Mogo news (Ticker: MOGO), a resource for investors and traders seeking the latest updates and insights on Mogo stock.
Mogo Inc (MOGO) is a leading Canadian fintech innovator providing digital financial solutions focused on credit health, smart spending, and identity protection. This dedicated news hub aggregates official press releases and verified updates about the company’s strategic initiatives, financial performance, and product developments.
Investors and stakeholders will find timely information on quarterly earnings, partnership announcements, and technology innovations shaping Mogo’s position in the digital finance sector. The curated collection includes updates about its core offerings: digital lending platforms, credit score monitoring tools, and fraud prevention services.
Bookmark this page to stay informed about Mogo’s market movements, leadership updates, and regulatory filings. All content is sourced directly from company communications to ensure accuracy and compliance with financial disclosure standards.
Mogo announced the closing of a sale to institutional investors, totaling 6,111,112 common shares and warrants at US$4.50 per Unit, raising approximately US$27.5 million, netting around US$25.3 million. Each warrant allows purchase of a common share at US$4.70, exercisable in six months. Proceeds will be used for working capital and potential acquisitions, especially in the cryptocurrency sector. The offering was conducted under an effective shelf registration statement, with no securities offered in Canada.
Mogo Inc. (NASDAQ:MOGO, TSX:MOGO) has announced a registered direct offering to institutional investors, selling 6,111,112 common shares and warrants for a total of approximately
Mogo Inc. has announced a new minority investment in Gemini's recent
Mogo Inc. (NASDAQ:MOGO, TSX:MOGO), a digital payments and financial technology company, announced that President Greg Feller will participate in the Raymond James Technology Investors Conference from December 6-8, 2021. He will also be available for one-on-one meetings with interested investors through their Raymond James representatives.
Mogo empowers nearly 1.8 million members with digital solutions for financial improvement, including a spending account, Mogo Visa Platinum Prepaid Card, and features for buying bitcoin, credit monitoring, and personal loans. More at mogo.ca.
Mogo Inc. reported significant growth in its Q3 2021 results. Member base grew by 64%, reaching approximately 1.8 million. Subscription and services revenue saw a remarkable increase of 126%, totaling
Mogo Inc. (NASDAQ:MOGO) has launched a pilot program with Sun Life to introduce its Moka app to over 20,000 Sun Life Group Retirement Services members. This automated savings tool helps users round up daily purchases and invest the spare change in diversified portfolios. Moka has over 1 million downloads and 10,000 five-star reviews, facilitating easy monthly savings. The app aligns with Sun Life's aim to enhance clients' financial security, particularly post-COVID-19. Mogo aims to empower more than 1.7 million members through innovative digital solutions.
Mogo Inc. (NASDAQ:MOGO) has launched a unique business rewards program enabling merchants to offer climate-positive bitcoin rewards. The program's first partner is El Mocambo, a renowned Toronto venue. Mogo aims to address bitcoin's environmental concerns by offsetting CO2 emissions linked to bitcoin mining through tree planting. The initiative targets businesses wanting to engage customers sustainably. Mogo currently serves over 1.7 million users, providing a platform for buying and selling bitcoin, credit monitoring, and personal loans. The cryptocurrency market has reached a record high of over $2.7 trillion.
Mogo Inc. (TSX:MOGO, NASDAQ:MOGO) has announced a conference call and webcast to discuss its Q3 2021 financial results on November 10, 2021, at 3:00 p.m. ET. The call will feature Mogo's Founder & CEO, David Feller, and President & CFO, Greg Feller. Financial results will be released prior to market opening on the same day. Interested parties can join the call via dial-in or through a live webcast available on the company's investor relations page.
Mogo Inc. (NASDAQ:MOGO) has launched a unique initiative called 'green' bitcoin, making all bitcoin purchases through its platform climate positive. For each bitcoin bought, Mogo will plant enough trees to offset the CO2 emissions from mining, totaling 500,000 lbs offset per bitcoin. This offering aims to attract environmentally conscious investors, addressing concerns over bitcoin's substantial carbon footprint. CEO David Feller emphasizes this initiative positions Mogo as a leader in sustainable finance while responding to the growing demand for ESG-compliant investment options.
Mogo Inc. (NASDAQ:MOGO) has partnered with CI Investment Services Inc. to support the launch of MogoTrade, a commission-free stock trading app. CI will provide essential back office services, including clearing and settlement, which enhances Mogo's operational capabilities. MogoTrade is anticipated to launch later this year, pending regulatory approvals. This partnership is expected to improve user experience and operational performance in the Canadian market, which aligns with Mogo's goal of empowering its 1.6 million members through innovative financial solutions.
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