MOGO - Mogo expands into U.S. digital payments market through Carta Worldwide
Mogo (MOGO) traded 4.6% down premarket after announcing that its wholly owned subsidiary, Carta Worldwide, a modern card issuing platform, is expanding into the U.S. – the world’s largest payments market.Carta will commence deploying innovative card products for its initial group of clients in 1Q21 and expects to further expand its customer base of banks and fintech companies in the coming quarters.Currently, Carta operates in Europe, APAC, Latin America, Canada and now in U.S. which represents the largest portion of the $500B North American payments market.
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Mogo expands into U.S. digital payments market through Carta Worldwide