{"id":473504,"date":"2021-04-08T08:10:14","date_gmt":"2021-04-08T12:10:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473504"},"modified":"2021-04-08T08:10:14","modified_gmt":"2021-04-08T12:10:14","slug":"mogos-payments-platform-announces-partnership-with-lendingclub-bank","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mogos-payments-platform-announces-partnership-with-lendingclub-bank\/","title":{"rendered":"Mogo\u2019s Payments Platform Announces Partnership with LendingClub Bank"},"content":{"rendered":"

<\/p>\n

Mogo\u2019s Payments Platform Announces Partnership with LendingClub Bank<\/b><\/p>\n

Partnership expands Carta Worldwide\u2019s Fintech Debit Card Issuance Service in U.S. Market<\/i><\/p>\n

VANCOUVER, British Columbia–(BUSINESS WIRE<\/a>)–Mogo Inc.<\/a> (NASDAQ:MOGO) (TSX:MOGO) (\u201cMogo\u201d or the \u201cCompany\u201d), a digital payments and financial technology company, today announced that its wholly owned payments platform, Carta Worldwide (\u201cCarta\u201d), a modern card issuing platform, is extending their US market deployment with an expanded debit card issuance service offering for fintech \u201cchallenger\u201d banks. Carta has partnered with LendingClub Bank, National Association (\u201cLendingClub Bank\u201d), to power the new advanced debit card product offering and help businesses rapidly deploy next-generation digital banking solutions.\n<\/p>\n

\nCarta debit card issuance is being enabled in partnership with LendingClub Bank. LendingClub Bank is the first digital marketplace bank in the U.S. providing a full complement of accounts and services to meet the banking needs of consumers and businesses nationwide. With assets of approximately $2.3 billion, LendingClub Bank provides the product depth of a national brand, the technology of a fintech, and the personalized attention typically reserved for a local bank to consumers, small and middle market businesses, unions, government entities and non-profit organizations.\n<\/p>\n

\n\u201cLendingClub Bank is widely recognized as an innovator and fintech pioneer, and they have a broad and growing base of business customers across the U.S., which make them a great first partner as we expand into the U.S. market,\u201d said Greg Feller, President of Mogo.\n<\/p>\n

\nCarta enables fintech and banking organizations to quickly create and deploy virtual and physical card products backed by best in class issuing and processing capabilities. Carta\u2019s modern card issuing platform is architected for the complex needs of the evolving fintech and embedded finance market. The platform and robust suite of APIs offers flexibility for clients to rapidly deploy innovative card programs and deliver enhanced product features including advanced authorization and spend controls, and extensive program configurability. Carta has a proven track-record of enabling leading fintechs around the globe including TransferWise, Sodexo, Payfare, Brightside and others. Carta will be bringing into the U.S. a fintech debit card offering that has driven innovative banking products in over 40 countries around the globe.\n<\/p>\n

About Mogo<\/b><\/p>\n

\nMogo is empowering its more than one million members with simple digital solutions to help them get in control of their financial health. Through the Mogo app, consumers can access a digital spending account with Mogo Visa* Platinum Prepaid Card featuring automatic carbon offsetting, easily buy and sell bitcoin, and get free monthly credit score monitoring, ID fraud protection, and personal loans. Mogo\u2019s wholly-owned payments platform, Carta Worldwide, also offers a digital payments platform that powers the next-generation card programs from innovative fintech companies in Europe, North America and APAC. To learn more, please visit mogo.ca or download the mobile app (iOS or Android).\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210408005497\/en\/<\/a><\/span><\/p>\n

For further information:
\n
<\/b>Craig Armitage
\n
Investor Relations
\n
craiga@mogo.ca
\n<\/a>
(416) 347-8954\n<\/p>\n

KEYWORDS:<\/b> North America Canada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Data Management Technology Other Technology Software Finance Banking<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Mogo\u2019s Payments Platform Announces Partnership with LendingClub Bank Partnership expands Carta Worldwide\u2019s Fintech Debit Card Issuance Service in U.S. Market VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (\u201cMogo\u201d or the \u201cCompany\u201d), a digital payments and financial technology company, today announced that its wholly owned payments platform, Carta Worldwide (\u201cCarta\u201d), a modern card issuing platform, is extending their US market deployment with an expanded debit card issuance service offering for fintech \u201cchallenger\u201d banks. Carta has partnered with LendingClub Bank, National Association (\u201cLendingClub Bank\u201d), to power the new advanced debit card product offering and help businesses rapidly deploy next-generation digital banking solutions. Carta debit card issuance is being enabled in partnership with LendingClub Bank. LendingClub Bank is the first digital marketplace bank … <\/p>\n

Continue reading “Mogo\u2019s Payments Platform Announces Partnership with LendingClub Bank”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473504","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMogo\u2019s Payments Platform Announces Partnership with LendingClub Bank - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mogos-payments-platform-announces-partnership-with-lendingclub-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mogo\u2019s Payments Platform Announces Partnership with LendingClub Bank - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Mogo\u2019s Payments Platform Announces Partnership with LendingClub Bank Partnership expands Carta Worldwide\u2019s Fintech Debit Card Issuance Service in U.S. Market VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (\u201cMogo\u201d or the \u201cCompany\u201d), a digital payments and financial technology company, today announced that its wholly owned payments platform, Carta Worldwide (\u201cCarta\u201d), a modern card issuing platform, is extending their US market deployment with an expanded debit card issuance service offering for fintech \u201cchallenger\u201d banks. Carta has partnered with LendingClub Bank, National Association (\u201cLendingClub Bank\u201d), to power the new advanced debit card product offering and help businesses rapidly deploy next-generation digital banking solutions. Carta debit card issuance is being enabled in partnership with LendingClub Bank. 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(NASDAQ:MOGO) (TSX:MOGO) (\u201cMogo\u201d or the \u201cCompany\u201d), a digital payments and financial technology company, today announced that its wholly owned payments platform, Carta Worldwide (\u201cCarta\u201d), a modern card issuing platform, is extending their US market deployment with an expanded debit card issuance service offering for fintech \u201cchallenger\u201d banks. Carta has partnered with LendingClub Bank, National Association (\u201cLendingClub Bank\u201d), to power the new advanced debit card product offering and help businesses rapidly deploy next-generation digital banking solutions. Carta debit card issuance is being enabled in partnership with LendingClub Bank. 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