Mogo
Mogo is a Canadian company focused on helping users achieve financial freedom and make a positive environmental impact through innovative financial products and tree planting initiatives.
Services
Mogo offers a range of financial services designed to help individuals achieve financial freedom and make a positive environmental impact. Their products include the MogoCard, designed to help users spend less and offset their carbon footprint, Moka, which aims to simplify achieving financial freedom for everyone, and MogoTrade, a commission-free stock trading app that assists users in building wealth. Through these services, Mogo focuses on fostering a better future via innovative investment and wealth-building methods.
Mission
Mogo's mission is to make achieving financial freedom accessible for everyone while contributing to significant positive environmental changes. Mogo prioritizes innovative approaches to investing and wealth-building within Canada. They aim to balance financial goals with environmental responsibility, evident in their dedication to initiatives like carbon footprint reduction and tree planting.
Environmental Initiatives
Mogo is dedicated to making a positive environmental impact through various initiatives. Their community has contributed to the absorption of over 1,522,826,000 lbs of CO2 by planting trees globally. Mogo partners with advanced technological companies, such as Flash Forest and Veritree, to enhance the efficiency and tracking of their tree-planting efforts. Flash Forest uses drones to plant trees in areas affected by wildfires, whereas Veritree employs blockchain technology to monitor restoration projects in countries like Canada, Madagascar, and Kenya. These initiatives also create jobs for local communities where trees are planted.
Partnerships
Mogo collaborates with several technologically advanced companies to facilitate their environmental initiatives. Flash Forest leverages unmanned aerial vehicles to plant trees efficiently in regions devastated by wildfires, such as Northern Alberta and British Columbia in Canada. Veritree uses blockchain technology to ensure accurate tracking and monitoring of restoration projects worldwide while also employing local tree planters, thus creating employment opportunities. These partnerships are integral to Mogo's mission to balance financial success with environmental restoration.