Mogo Finance Technology (MOGO) has notable insider buying

Mogo Finance Technology (T:MOGO)

Mogo Finance Technology Inc. (MOGO) has a high amount of executive buying compared to its small-cap peers over the past three months. Gregory Dean Feller, CFO and Director, acquired 23,000 Common Shares on a direct ownership basis at a price of $4.205 through the public market on June 9th, 2017. This represents a $96,715 investment into the company's shares and an account share holdings change of 4.1%.

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.