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The strategic priorities of Mogo Finance are focused on consistent profitable growth and geographical expansion. The execution of this strategy is fuelled by a talented team, its loyal customers, as well as investments in advanced technologies to deliver the best-in-class financial services.
Mogo Finance operates through its own branch network, and a strong online presence. Wide geographical coverage makes the company unique in comparison to its competitors and diversified revenue streams. Mogo Finance currently operates in the Baltics, Eastern Europe, the Balkans, the Caucasus, and Central Asia.
Mogo Finance S.A. provides a group guarantee for all Mogo loans on Mintos.
Some of the equity investors in the Loan Originator and Mintos overlap.
|Risk category||Interest rate with Buyback obligation||Interest rate without Buyback obligation||Est. annual bad debt rate|
|AAA||8.0% - 10.0%||10.0% - 12.0%||<0.75%|
|AA||8.0% - 10.0%||11.0% - 13.0%||0.75% - 1.25%|
|A||8.0% - 10.0%||12.5% - 14.5%||1.25% - 2.5%|
|BBB||8.0% - 10.0%||n/a||2.5% - 4.5%|
|BB||8.0% - 10.0%||n/a||4.5% - 6.5%|
|B||8.0% - 10.0%||n/a||6.5% - 9.0%|
|C||8.0% - 10.0%||n/a||>9.0%|