Mogo Ifn S.a.

Name

Mogo Ifn S.a.

Legal name

MOGO IFN S.A.

Website

https://mogo.ro

Company type

Private

Founded year

2016

Operating status

Operating

Ownership category

akta.pro rank

Headquarters

HQ city

Bucharest

HQ country

Romania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Interest Income from Credit Products: Mogo earns interest income from three core credit products: (1) Credit Rapid – short-term loans up to 3,000 RON; (2) Credit de Nevoi Personale – personal loans up to 25,000 RON repayable in up to 48 monthly installments; (3) Credit Auto – auto loans up to 60,000 RON repayable in up to 60 monthly installments. Interest rates start at approximately 3.39%/month for amounts up to 25,000 RON and 2.50%/month for amounts above 25,000 RON. Revenue is generated through monthly interest and fee income over the loan tenor.
2. Credit Processing & Administration Fees: Mogo charges specific fees for loan administration including early repayment commissions (1% if over one year remaining, 0.5% if under one year) and zero fees for file analysis, monthly administration, and loan origination.
3. Dealer Partner Commissions & Bonuses: Auto dealers receive bonuses for each vehicle financed through Mogo, creating a commission-based revenue stream from the dealer network. Mogo generates referral volume through this partner ecosystem.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Mogo IFN S.A. is a Romanian non-banking financial institution (IFN) that provides online consumer credit products through a 100% digital application process via its website and MyMogo mobile app. Its core offerings are three loan products: Credit Rapid (short-term loans up to 3,000 RON), Credit de Nevoi Personale (personal loans up to 25,000 RON, repayable in up to 48 installments), and Credit Auto (auto loans up to 60,000 RON, repayable in up to 60 installments). Identity verification, credit decisioning, and contract management are fully automated and online.

Product overview

Mogo IFN S.A. is a Romanian non-banking financial institution (IFN) offering three core loan products: Credit Rapid (up to 3,000 RON, short-term, 100% online), Credit de Nevoi Personale (up to 25,000 RON, unsecured personal loans, up to 48 installments), and Credit Auto (up to 60,000 RON, secured auto financing, up to 60 installments). These products share a unified digital application infrastructure built around the MyMogo customer portal and mobile app, which serves as the single interface for all products—enabling application submission, status tracking, payment management, and customer support. The AutoMogo used-car marketplace is tightly integrated with the Credit Auto product, providing a curated inventory of 5,000+ vehicles that customers can finance. The company operates entirely online with identity verification powered by Onfido.

Differentiator

Problem solved

Functional benefit

Brands

• Credit Rapid: Quick credit product offering up to 3,000 lei with 100% online process and instant transfer to card
• Credit de Nevoi Personale
• Credit Auto
• Auto Mogo (automogo.ro)

Products and services

• Credit Rapid Short-term online loan product for individual Romanian consumers offering up to 3,000 RON with a fully digital application process, automated approval, and immediate transfer of funds to the applicant's card. Designed for urgent, unplanned personal expenses.
• Credit de Nevoi Personale Unsecured personal loan for individual Romanian consumers offering up to 25,000 RON repayable in up to 48 monthly installments, applied for fully online with funds typically disbursed within hours of approval. Used for planned expenses such as home renovation, debt consolidation, travel, or major purchases.
• Credit Auto Auto financing product for individual Romanian consumers purchasing new or used vehicles, offering up to 60,000 RON repayable in up to 60 monthly installments with the borrower becoming the vehicle owner from the first day. Integrated with the AutoMogo used-car marketplace and a network of 800+ auto dealer partners.
• MyMogo Customer Portal & Mobile App Proprietary customer-facing portal and Android mobile app enabling Mogo customers to apply for financing, track application status, receive personalized offers, make payments online, view payment schedules, and manage personal data from a single account. Available on Google Play.
• AutoMogo Vehicle Marketplace Online used-car marketplace integrated with Mogo's Credit Auto product, offering over 5,000 pre-owned vehicles from trusted partner auto parks and individual sellers, enabling customers to browse vehicles and apply for financing in one place.

Quantifiable outcome

• 100% online application process across all products, eliminating physical branch requirements
• +5 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability7 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor, core and flagship.

• WMW Dealer AutominorChannel Partner/ Reseller/ Distributor · 13 June 2026WMW Dealer Auto is an auto dealer partner of Mogo. Mogo participated at the WMW Auto event with a branded stand, running the 'Testul Vitezei' contest (June 13, 2026) where participants completed a challenge, filmed it, and posted on social media tagging @mogo.ro. Instant prizes (Mogo promotional bags, car air fresheners, caps, t-shirts) were awarded on the spot.
• OnfidocoreTechnology or IntegrationOnfido provides biometric identity verification services used in Mogo's fully digital onboarding process. Customers upload photos of their identity document and a selfie, which Onfido's system compares and validates against anti-counterfeiting checks. The identity verification is required to complete the online credit application. This integration enables Mogo's 100% online lending process without physical branch visits.
• FC Rapid (Fotbal Club Rapid)flagshipGTM or Marketing PartnerMogo Romania is the sponsor of FC Rapid, appearing on the team's equipment (jersey). This is a high-visibility sports sponsorship covered in major Romanian business media (zf.ro, gsp.ro, revistabiz.ro). The partnership is framed as a fintech multinational present in 14 countries sponsoring a major Romanian football club. Promotional contests tied to the partnership (e.g., 'Misiunea Rapid: Găsește-l pe Mogo!') leverage the sponsorship for customer engagement.
• Eleving Group (Parent Company)coreStrategic or Co-development PartnerEleving Group is the parent company controlling Mogo IFN S.A. and other subsidiaries including AS Eleving Vehicle Finance and AS Eleving Stella. Eleving Group operates in 14 markets and provides group-level resources including security infrastructure (Cloudflare), technology platforms, and group data protection policies. The group maintains a responsible vulnerability disclosure policy covering *.mogo.ro domains.
• carVerticalminorGTM or Marketing PartnercarVertical is featured on the Mogo website as a partner providing vehicle history reports to help buyers evaluate used cars before purchasing with Mogo financing. Mogo promotes carVertical reports on its AutoMogo portal to help customers make informed vehicle purchase decisions, reducing risk of financing vehicles with hidden issues.
• Libra BankminorOthersLibra Bank serves as one of Mogo's banking partners for loan disbursement and repayment processing. Customers can repay loans via bank transfer to Mogo's Libra Bank account (IBAN RO31BREL0002002219950102) or in person at Libra Bank branches.
• Raiffeisen BankminorOthersRaiffeisen Bank serves as a secondary banking partner for loan repayment processing. Customers can repay via bank transfer to Mogo's Raiffeisen account (IBAN RO66RZBR0000060025992392) or in person at Raiffeisen Bank branches.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Viva Credit IFN: Viva Credit is another Romanian IFN offering small-ticket online consumer loans with fast digital onboarding, overlapping directly with Mogo's Credit Rapid and Credit de Nevoi Personale segments in Romania.
• TBI Bank: TBI Bank is a Romanian-licensed bank specializing in consumer and auto lending, with digital origination and dealer partnerships — directly competing with Mogo's Credit Auto and Credit de Nevoi Personale products in the same geography and customer segment.
• Credius IFN: Credius is a Romanian non-bank financial institution offering online personal loans with rapid digital approval, very similar in product mix, target customer (underbanked Romanian consumers), and self-serve online application model to Mogo.
• Provident (Provident Financial Romania / EasyCredit): Provident operates in Romania under the Provident/EasyCredit brand providing consumer loans to underbanked households — directly comparable target customer and product type as Mogo's personal loan business.
• Ferratum Romania: Ferratum is a European digital consumer lender active in Romania offering small short-term online loans, comparable to Mogo's Credit Rapid in ticket size, customer profile, and fully digital application flow.

Emerging players

• Klarna: Klarna is a leading global digital consumer finance / BNPL platform — comparable business model of online, instant-decision credit origination and integrated checkout, though operating at much larger scale and in different geographies.

Broad incumbents

• BRD Groupe Société Générale (consumer credit): BRD is one of Romania's largest banks offering consumer and auto loans with growing digital channels; competes with Mogo in personal loan and auto financing segments, but with the funding, branch, and balance-sheet advantages of a tier-1 incumbent bank.
• Cetelem (BNP Paribas Personal Finance Romania): Cetelem is the consumer finance arm of BNP Paribas operating in Romania, offering personal loans, auto financing, and credit cards — a broader incumbent with overlapping products but a much wider portfolio and bank-affiliated distribution.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xfacebook.com/MogoRomania
• LinkedInlinkedin.com/company/mogo-ifn-romania
• Instagraminstagram.com/mogo.ro
• Facebookfacebook.com/MogoRomania

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mogo Ifn S.a.