News
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.
Mogo launches loans without buyback guarantee
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.
Interview with Mogo Finance Group Chief Financial Officer Maris Kreics
Maris Kreics, the CFO of Eleving Group interview at Mintos platform.
Mogo Finance attracts EUR 23.3 million mezzanine growth capital from Mezzanine Management
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.
AS “mogo” audited annual report for 2014
AS “mogo” concludes 2014 with a net profit of 0.54 million euro recording a 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.
AS “mogo” unaudited financial results for the ten month period ended 31 October 2014
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.