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Mogo releases new mobile app

Vancouver-based financial technology company Mogo has released a new mobile application intended to provide educational material about personal finances. The redesigned app provides information about “four habits of financial health,” which include monitoring one’s credit score, controlling spending, limiting borrowing and saving and investing. The free application is available for Android and Apple devices.

“There is a financial health crisis in Canada and, while technology has improved our lives in many ways, unfortunately it has also made it easier than ever to overspend, leaving the majority of Canadians in debt and financially stressed as they find themselves further away from achieving their goal of financial freedom,” said David Feller, CEO of Mogo. “There's been a massive gap in the market in terms of a holistic solution that simplifies the experience of getting financially fit. We are excited to launch our new Mogo app designed to help make getting in control of your finances easier than ever.”

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