Mogo's Digital Payments Subsidiary Carta Worldwide Reports 23% Increase in Quarterly Transaction Volume to Record $3.0 Billion [Yahoo! Finance]
Mogo Inc. - Common Shares (MOGO)
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Source: Yahoo! Finance
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 Worldwide Carta 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 tokenized cards, as well as payment switching and routing services. Carta was founded in 2008 with a vision to build a modern issu
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News
- Mogo’s Digital Payments Subsidiary Carta Worldwide Reports 23% Increase in Quarterly Transaction Volume to Record $3.0 BillionBusiness Wire
- Mogo Inc. (NASDAQ: MOGO) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $6.00 price target on the stock.MarketBeat
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- Mogo Reports Results for Q3 2024 and Expects Positive Adjusted Net Income for 2025 [Yahoo! Finance]Yahoo! Finance
- Mogo Reports Results for Q3 2024 and Expects Positive Adjusted Net Income for 2025Business Wire