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Mogo Reaches 300,000 Members as Strong New Account Growth Continues
Mogo Reaches 300,000 Members as Strong New Account Growth Continues Mogo Reaches 3...
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[{"type":"text","content":"\n\n\n\nMogo Reaches 300,000 Members as Strong New Account Growth Continues\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMogo Reaches 300,000 Members as Strong New Account Growth Continues\nCanada NewsWire\nVANCOUVER, Oct. 18, 2016\n\n\n\nVANCOUVER, Oct. 18, 2016 /CNW/ - Mogo Finance Technology Inc. (\"Mogo\") (TSX: GO) announced today that it has surpassed 300,000 Mogo members. The Company has seen accelerated member growth since the launch of its new digital account and mobile app, including an additional 50,000 new member accounts since announcing it reached 250,000 members last month. \n\n\"We are acquiring new members faster than we anticipated based on the combination of a successful mobile app launch and the significant marketing push through our Postmedia partnership,\" said Dave Feller, Founder and CEO of Mogo. \"This member growth underscores the viral effect of our new app, the power of a great user experience, and the appeal of our value proposition which includes free credit score monitoring.\"  \n\n\"As Canadians continue to add Mogo to their financial wallets, we expect to further monetize our members as we introduce other innovative digital financial products, seamlessly integrated into the one MogoAccount. In particular, the largest growth has come from consumers with prime credit scores which aligns well with our product strategy and roadmap, including our upcoming mortgage product which we expect to launch before the end of the year, along with our new spending account.\"\n\nAbout Mogo Finance Technology Inc.\n\nMogo (TSX: GO) - a Vancouver-based financial technology company - offers Canadians a more convenient and engaging digital banking experience with its free Mogo®Account. With an account sign-up in under three minutes, users get instant access to three innovative products: Canada's first free credit score available with free monthly updates, a free spending account with no monthly fee, and an instant pre-approval on a personal loan - all with no impact to their credit score. Mogo is quickly becoming the new f...