Our development

Since the founding of Mogo in Latvia the company has enjoyed rapid growth in four countries, with impressive presence throughout the Baltics and Georgia.

Besides its customer service centres providing the most excellent customer experience, Mogo services are available at an ever-growing network of partner car dealerships and sales intermediaries, as well as online.

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2017

2017

Launch of business in Armenia

Launch of business in Bulgaria

2016

2016

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Q1/Q2 2016

Planned launch of operations in Poland

Launch of business in Romania

Launch of business in Poland

2014

2014

Service center
JUN 2014

10'000 registered clients

Launch of business in Georgia

€20m

€20m

MAR 2014

€20 million bonds issued in NASDAQ OMX Baltic Market

Service center
FEB 2014

The 10th customer service centre opened

2013 Founded

2013

Mogo trademark registered in the EU
OCT 2013

Mogo community and figurative trademark registered in EU

Launch of business in Estonia

€1m

€1m

Loans issued per month
AUG 2013

€1m loans issued in Mogo group in one month

Launch of business in Lithuania

First customer service
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MAR 2013

First customer service centre opened in Riga, Latvia, in the premises of Vehicle Registry

2014

2013

€1.5m

€1.5m

Net portfolio
OCT 2012

Net portfolio reaches €1.5m

Cooperation with car dealerships started
OCT 2012

Cooperation with car dealerships started

Tailor-made IT platform launched
OCT 2012

Tailor-made IT platform launched

Non-banking licence received and loan issuing started
AUG 2012

Non-banking licence received and loan issuing started

Founding of Mogo in Riga, Latvia

2012 Founded

2012

Founded