Wekerle buying more Mogo Finance Technology (MOGO)

Wekerle buying more Mogo Finance Technology (T:MOGO)

Michael W. Wekerle, a 10% Holder, acquired 20,000 Common Shares on a direct ownership basis at a price of $3.787 on April 28th, 2017. The insider also acquired 50,000 Common Shares on an indirect ownership basis for registered holder Difference Capital Financial Inc. at a price of $3.790 on April 28th, 2017. This represents a $265,235 investment into the company's shares and an account share holdings change of 2.9%.

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.