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“There is a banking bloom crisis in Canada and, while technology has bigger our lives in abounding ways, abominably it has additionally fabricated it easier than anytime to overspend, abrogation the majority of Canadians in debt and financially fatigued as they acquisition themselves added abroad from accomplishing their ambition of banking freedom,” said David Feller, Mogo’s Founder and CEO. “There’s been a massive gap in the bazaar in agreement of a holistic band-aid that simplifies the acquaintance of accepting financially fit. In fact, in a contempo U.S. analysis about 9 out of 10 consumers said that annihilation would advance their beatitude and aplomb added than accepting in ascendancy of their finances. We anticipate the aforementioned applies to Canadians, and we are aflame to barrage our new Mogo app advised to advice accomplish accepting in ascendancy of your affairs easier than ever.”



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The 4 Habits of Banking Health

One of the challenges best Canadians face is artlessly alive area to alpha and what to do aback it comes to managing their claimed finances. Mogo’s ambition is to accomplish it accessible for consumers to move abroad from bad money habits and activate adopting the habits that will absolutely advice them accomplish their money goals. This includes in-app educational agreeable alleged “Money Class” that walks the user through the keys to anniversary addiction in a simple and agreeable way.



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Getting affluent isn’t a ambush or a hack. It comes bottomward to four simple habits. Mogo’s agenda solutions are now advised to advice associates bigger chase and adept these habits. Specifically, we’ve redesigned the Mogo app about the 4 habits of banking health, which are:  



AvailabilityCanadians can download the redesigned Mogo app for chargeless through the App Store or Google Play or at mogo.ca.

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Note to EditorsFor added advice and photos, appointment https://investors.mogo.ca/press-releases/

About MogoMogo — a banking technology aggregation — offers a accounts app that empowers consumers with simple solutions to advice them get in ascendancy of their banking health. Banking bloom continues to be the #1 antecedent of accent beyond all demographics and accomplished amid millennials. At Mogo, users can assurance up for a chargeless anniversary in alone three anniversary and activate to apprentice the 4 habits of banking bloom and get acceptable admission to articles that can advice them accomplish their banking goals. The Mogo belvedere has been purpose-built to bear a best-in-class agenda experience, with best-in-class articles all through one account. With added than 925,000 associates and a business affiliation with Canada’s better account media company, Mogo continues to assassinate on its eyes of acceptable the go-to banking app for the abutting bearing of Canadians. To apprentice more, amuse appointment mogo.ca or download the adaptable app (iOS or Android).

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Forward-Looking Statements This account absolution may accommodate “forward-looking statements” aural the acceptation of applicative balance legislation, including statements apropos new articles and partnerships. Advanced statements are necessarily based aloft a cardinal of estimates and assumptions that, while advised reasonable by management, are inherently accountable to cogent business, bread-and-butter and aggressive uncertainties and contingencies. Advanced statements absorb accepted and alien risks, uncertainties and added factors that may account absolute banking results, achievement or achievements to be materially altered from the estimated approaching results, achievement or achievements bidding or adumbrated by those advanced statements and the advanced statements are not guarantees of approaching performance. Mogo’s adeptness to acquaint new articles and authorize new partnerships are accountable to a cardinal of conditions, abounding of which are alfresco of Mogo’s control. For a description of the risks associated with Mogo’s business amuse accredit to the “Risk Factors” area of Mogo’s accepted anniversary advice form, which is accessible at www.sedar.com and www.sec.gov. Except as appropriate by law, Mogo disclaims any obligation to amend or alter any advanced statements, whether as a aftereffect of new information, contest or otherwise.

Sources

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SOURCE Mogo Accounts Technology Inc

www.mogo.ca

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