Mogo Inc. (NASDAQ:MOGO), a digital wealth and payments business, today announced an amendment to its existing senior credit facility with funds managed by affiliates of Fortress Investment Group LLC.
The amendment extends the maturity date of the Credit Facility from July 2, 2025 to January 2, 2026.
Greg Feller, President & CFO of Mogo, commented:
“We’re pleased to extend our relationship with Fortress which has been an excellent financial partner for our company over the past 10 years. This facility continues to give us the resources and flexibility we need for our digital lending product”.
