Mogo’s Digital Payments Subsidiary Carta Worldwide Reports 23% Increase in Quarterly Transaction Volume to Record $3.0 Billion
Mogo Inc. - Common Shares (MOGO)
Company Research
Source: Business Wire
VANCOUVER, British Columbia--(BUSINESS WIRE)--Carta Worldwide (“Carta”), a global digital payment solutions business owned and operated independently by Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO), today announced that it processed just under $3.0 billion of payment volume in Q3 2024, an increase of 23% compared to Q3 2023.“Carta had another strong quarter and their payment volume is now on an annual run rate of $12 billion as they continue to expand with a number of large European customers,” said Greg Feller, President & CFO of Mogo Inc. “We've been investing in Carta's technology platform in the last year, giving us even more confidence in the long-term prospects of this business in the large global payments market.”About Carta WorldwideCarta is a digital payments software company which provides technology and services that enable financial technology companies, banks, and corporations to issue payment products to consumers via multiple channels, including physical, virtual and tokenize
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