Mogo logo — How you invest matters.

Mogo

How you invest matters.

Founded 2003 Canada Canada 213 employees Post-IPO Equity Total: $325.46M Finance, Financial Services +1

General Information

Company Name Mogo
Founded Year 2003
Location Canada Canada
Founders / Decision Makers
Team member
Employees 213
Industries Finance, Financial Services, Internet
Funding Stage Post-IPO Equity
Business Model B2C, Embedded Finance
Revenue Model Service Fee, Usage Based, Subscription
Social

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About Mogo

Mogo, boasting the slogan "How you invest matters.", is a notable financial technology firm, which stands as a digital alternative to traditional banks in Canada. Established in 2003, Mogo has actively sought to simplify financial freedom for Canadians while enhancing their social impact initiatives.

Primarily operating in the Finance, Financial Services, and Internet sectors, the company positions itself to capitalize on the growing digital finance transformation. Despite its established history, Mogo remains dynamic, continuously enhancing its offerings to meet evolving consumer expectations.

The company's most recent financial backing comprised a $27.50M Post-IPO Equity investment, secured on 09 December 2021. Exclusion of investor details suggests either confidentiality or retention provisions.

The opportunity within Mogo aligns with the expanding demand for digital financial services, presenting a compelling proposition for potential investors interested in long-term growth in fintech, especially in the Canadian market.

Business keywords: digital banking, financial freedom, credit score monitoring, identity fraud protection, spending control, consumer financial health, financial applications, fintech solutions, personal finance management

Services & Products

online personal loans
line of credit pre-approval
debt refinancing
credit card payoff
loan application assistance

Target Customers

individual consumers students small business owners people with medical expenses travel enthusiasts

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Equity $27.50M -
09 Dec 2021
Post IPO Equity $49.70M -
22 Feb 2021
Post IPO Equity $536.50K -
05 Jun 2020
Post IPO Equity $30.20M -
28 Dec 2017
Post IPO Debt $15.00M -
06 Jun 2017
Post IPO Equity $387.00K -
19 Jul 2016
Post IPO Debt $200.00M 1
Fortress Investment Group
02 Sep 2015
Series C Undisclosed 1
Difference Capital
31 Dec 2014
Series B $1.50M -
21 Nov 2014
Venture Round $635.00K -
10 Mar 2014

Mogo Alternatives & Competitors

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Mogo vs
Upgrade, Inc.
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Mogo vs
TotallyMoney
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TotallyMoney is the personal finance app that helps people move forward and achieve their financial...

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Mogo vs
Changed App
Changed App United States

Master your Debt- Over $75 million paid off towards debt and counting!

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FAQ About Mogo

How you invest matters.
Mogo was founded in 2003.
Mogo is headquartered in Canada.
Mogo operates in Finance, Financial Services and Internet. Its work centres on digital banking, financial freedom, credit score monitoring and identity fraud protection. Its customers include individual consumers, students and small business owners.
Mogo has a B2C and Embedded Finance business model. Its revenue comes from Service Fee, Usage Based and Subscription.
Mogo has approximately 213 employees.
Mogo has completed 10 funding rounds, raising a total of $325.46M. The latest funding stage is Post-IPO Equity.
Mogo offers: online personal loans, line of credit pre-approval, debt refinancing, credit card payoff, loan application assistance.
Top alternatives and competitors to Mogo include Upgrade, Inc., TotallyMoney, Changed App, Incredible, KOHO. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mogo and Upgrade, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Mogo, https://bouncewatch.com/company/mogo, updated 17 March 2026. When citing, please name BounceWatch and link this page.

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