Mogo Finance Technology Reaches Another Milestone Surpassing 350,000 Members

Mogo Finance Technology (TSX:MOGO /Frankfurt:MO0), one of Canada’s leading financial technology companies, today announced that it has surpassed 350,000 Mogo members, an increase of approximately 58,000 from the 292,000 members reported at the end of Q3 2016.
As quoted in the press release:

“We continue to experience very strong member growth, adding more than 50,000 in the fourth quarter of 2016,” said David Feller, Founder and CEO of Mogo. “This growth demonstrates that Canadians are continuing to embrace adding Mogo to their financial wallet, alongside their existing bank accounts. Our growing member base is a significant asset that we will further monetize through new fee-based products such as mortgages and the digital spending account, both of which will be publicly launched this year. Consistent with our long-term goal to build the best digital banking experience in Canada, we expect to continue launching new products and, over time, to offer consumers all the products they can get from a bank.”

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