DGAP-News
Mogo Finance year-end update 2020 and outlook for FY 2021 - Continuing stronger performance and on track towards greater financial flexibility - Seite 2
Mogo Finance will be reporting its unaudited financial year 2020 results Mid-February 2021. Details on the convening of the bondholders' meeting will be announced shortly.
Contact:
Mogo Finance
Maris Kreics, Chief Financial Officer (CFO)
Email: maris.kreics@mogofinance.com
Aalto Capital
Sven Pauly, Investor Relations (IR)
Email: sven.pauly@aaltocapital.com
About Mogo Finance:
Mogo Finance is one of the leading and fastest-growing used car secured financing companies on a global scale. In selective markets, the Company also utilizes consumer lending as a strategic
capital allocation vehicle to leverage its performance and customer base. Recognizing the niche underserved by traditional lenders, Mogo Finance provides financial inclusion and disruptively
changes the used car and consumer financing industry across 14 countries. Up to date the Company has issued over EUR 585 million secured loans and running a net loan and used car rent portfolio of
over EUR 192 million. Mogo offers secured loans up to EUR 15,000 with a maximum tenor of 84 months making used car financing process convenient, both for its customers and partners. Wide
geographical presence and diversified revenue streams grant Mogo with unique scale and pace unmatched by its rivals. Mogo Finance operates a multi-channel fintech approach through its own branch
network, more than 2,000 partner locations and a strong online presence. Physical footprint enriched with excellent customer journey makes Mogo Finance top of mind brand in its industry. A
state-of-the-art car portal supports cross-selling potential from re-possessed cars to leasing and vice versa. Established in 2012, with headquarters in Riga, Latvia, Mogo Finance operates in
Baltics and Europe with a strong focus on GDP-dynamic countries in Central, Eastern and South-Eastern Europe. Operating regions also include the Near East, the Caucasus and Central Asia as well as
Eastern Africa.
Lesen Sie auch
www.mogofinance.com
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constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the bonds in any jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Persons into whose possession this announcement may come are required to inform
themselves of and observe all such restrictions.