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Mogo opens promotional lounge in Toronto
Vancouver-based Mogo Finance Technology has opened a promotional lounge in downtown Toronto. Called the MogoLounge, the space will act as a branded physical location that will provide information about the digital company. It will provide education about finances and host various events. No financial transactions will take place at the site.
"We want to have real conversations with Canadians about their finances, but we know that talking about finances can be boring," said Chantel Chapman, a financial fitness coach at Mogo. "So, we make sure people have fun by creating event concepts that integrate cool content that consumers, particularly millennials, actually want to talk about with their friends. Mogo's products are designed to make it easier to get into financial shape, and we're creating innovative events to motivate people to improve their financial health, while creating a culture that makes it cool to talk about your finances and be an adult."