Canadian Fintech Mogo Partners With LendingClub Bank For Carta Expansion
April 9, 2021 @ 9:40 am By Samantha Hurst
Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a Canada-based digital payments and financial technology company, announced on Thursday its wholly-owned payments platform,
Carta Worldwide, is extending its U.S. market deployment with an expanded debit card issuance service offering for challenger banks. Carta has reportedly partnered with LendingClub Bank, National Association to power its new advanced debit card product offering and help businesses rapidly deploy next-generation digital banking solutions.
The expansion comes less than two months after Mogo announced Carta’s expansion in the U.S. As previously reported, Carta is described as a modern open-API issuer platform powers solutions for banks and fintech companies across Europe, North America, and the Asia Pacific.
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