Mogo Expands its Technology Partners with Plaid Integration

Mogo Finance Technology (TSX:MOGO;NASDAQ:MOGO) announced on Wednesday that it is adding Plaid as its technology partner in a bid to make Mogo’s products easier to use.

As quoted in the press release:

Mogo is leveraging Plaid’s API technology to enable more convenient access to its products and help more people more easily gain control of their financial health. Plaid’s suite of APIs is already being used by many of the most innovative and fastest-growing companies in financial services.

“As consumers continue to migrate to mobile solutions for banking, saving and investing, we are working hard to make Mogo the ‘go-to’ financial app for the next generation of Canadians,” said David Feller, Mogo’s Founder and CEO. “Today’s announcement is the next step in our plan to innovate and enhance our technology platform — both through significant in-house development and by leveraging great technology from companies like Plaid — while also expanding our offering by partnering with financial services companies that offer best-in-class financial products.”

“We’re excited to announce our partnership with Mogo today.” said Paul Williamson, Plaid’s Head of Sales. “Mogo has played a large role in building the fintech ecosystem in Canada, and it shares Plaid’s commitment to putting consumers in the driver’s seat when it comes to their financial lives.”

Click here for the full text release.