Mogo expands mortgage, banking offer to more Canadians

Vancouver-based fintech firm Mogo has expanded its availability to 5 more Canadian provinces.

The digital service has been available in Ontario, British Columbia, and Alberta, for some time but this expansion brings some or all of its products to another five provinces and a total market of 20 million.

The firm’s full suite of products including mortgage, digital loan, prepaid Visa card, credit monitoring, and cryptocurrency investment; is now available in Manitoba, New Brunswick, Prince Edward Island, and Newfoundland. In Nova Scotia, MogoMortgage is now available.

"With more than 650,000 members today, we're pleased to introduce Mogo's products into new markets making it easier for Canadian consumers to manage their financial life through our growing suite of digital financial products," said David Feller, Mogo's Founder and CEO. "The expansion of our Mortgage product to an additional 2 million Canadians and our launch in Nova Scotia to almost 1 million more Canadians, is a significant milestone towards our goal of empowering all Canadians to get financially fit."

The firm’s products are available through a mobile app.

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