Mogo Inc. Acquires Carta Worldwide
November 19, 2020
Mogo Inc. (TSX: MOGO; NASDAQ: MOGO) agreed to acquire Carta Solutions Holding Corporation (doing business as Carta Worldwide) in an all‑stock plan of arrangement to expand into the global B2B digital payments market. The acquisition — reported at about C$24.2 million — gives Mogo a payments technology platform and broadens its addressable market into global digital payments.
- Buyers
- Mogo Inc.
- Targets
- Carta Solutions Holding Corporation (Carta Worldwide)
- Sellers
- Carta's senior management, Carta's board members, Key outside shareholders
- Industry
- Payments & Fintech
- Location
- Canada
- Transaction Type
- Buyout
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