The Mogo Blog

A better digital alternative: why you’ll be ditching your bank

You probably don’t feed your Tamagotchi or play with Pogs anymore, but you might still be going to the bank that you grew up with. (Why would you do that to yourself??) If you didn’t grow up with a big bank or aren’t currently tethered to one, high-five. ![](/content/images/2016/03/mogo_graph.gif)Canada’s adoption rate of financial technology is 8.2%, which is below the average global rate of 15.5%, and way below Hong Kong’s adoption rate of 29.1%. [http://www.ey.com/GL/en/Industries/Financial

Fintech’s taking over the world

We’re constantly amazed and impressed by the many FinTech startups that are popping up around the world and offering solutions that make managing/investing/saving/spending/borrowing money less painful. (Which shouldn't be a surprise, considering 43.4% of people who use FinTech do so because of how easy it is to set up an account [http://www.ey.com/GL/en/Industries/Financial-Services/ey-fintech-adoption-index] ). So, we decided to feature some innovative companies that are on our radar—and are do

The MogoMini Snapshot: coming soon to an inbox near you

Our personal loan, MogoLiquid [https://www.mogo.ca/products/mogo-liquid], has its own monthly snapshot email that updates you regularly on your loan balance, payment amounts, and upcoming payment dates. So we thought... why not one for our MogoMini [https://www.mogo.ca/products/mogo-mini] line of credit too? Every loan deserves its own snapshot. Just sayin. ![](/content/images/2015/12/minisnapshot.jpg)Let’s break it down ![](/content/images/2015/12/mogo_Mmsnapshot_img2.jpg) ------------------

We took the MogoCard to JJ Bean. What happened next is awesome.

This just in: the first batch of new Mogo Prepaid Visa® Cards has just arrived for testing! We’ve been working hard to get these ready for launch in the second half of 2016, and now that they’ve been designed and printed, it’s time for testing. Testers on Team Mogo hustled for the cards with their favourite designs and oohed-and-aahed over the artwork, but we had work to do. Time to document the official first test run. ![](/content/images/2015/12/mogo_mogocard_img1-3.jpg)Tanya, our MogoCard pr

Everything that’s wrong with banking

How do you feel about banks and the way you get a loan with them? We’ve gathered a few ideas from our own experiences… and used them to do the exact opposite with Mogo. Here are a few of them. Anything you feel is missing? [https://www.youtube.com/watch?v=prso5DaXRuE]Bank branches just aren’t that… pleasant to be in. Nor do banks host fun events like Adulting 101. [https://www.youtube.com/watch?v=prso5DaXRuE] What’s Adulting 101? Oh it’s just a workshop where you learn about wine and finance wh