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Wekerle buying at Mogo Finance Technology (T:MOGO)

Updated Wednesday Apr 12, 2017 04:44 AM EDT

Michael W. Wekerle, a 10% Holder, acquired 112,800 Common Shares on a direct ownership basis at prices ranging from $3.080 to $3.210 between April 6th and 11th, 2017. The insider also acquired 25,000 Common Shares on an indirect ownership basis for registered holder Difference Capital Financial Inc. at a price of $3.096 on April 11th, 2017. This represents a $433,678 investment into the company's shares and an account share holdings change of 7.1%.

Mogo Finance Technology is in the Consumer Lending Sub Industry Group under the Financials Sector.

Mogo Finance Technology Inc. is a Canada-based financial technology company, which is focused on building a digital financial brand, Mogo. The Company's technology platform provides consumers with access to responsible credit solutions. The Company leverages big data algorithms and the technologies to manage the customer experience. The Company has over 180 thousand Mogo Members and over 1.2 million loans originated. The Company offers liquid installment loan with amounts of approximately $35,000. It has launched soft credit check account sign-up allowing new Mogo members to sign up for a Mogo account. It offers Mogo Platinum Prepaid Visa Card with over 4,000 cards in the Company's pilot program. It is also focused on developing a mobile application. Users' can download the application, open an account and get instant access to various products of the Company. It has introduced the free credit score in Canada.

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Go to Mogo Inc. (MOGO)'s company page

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