Mogo Finance

0 Open Jobs
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3000+ Employees
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Unknown Revenue
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$200 and More Avg. Salary

About Company

MOGO Kenya, officially known as Mogo Auto Limited, is a non-deposit-taking microfinance institution operating under the regulation of the Central Bank of Kenya. It specializes in providing asset financing solutions tailored to the needs of individuals and small businesses across the country.

Company Overview

  • Parent Company: MOGO Kenya is a subsidiary of Eleving Group S.A., an international fintech company headquartered in Luxembourg. Eleving Group operates in 17 countries across Europe, Asia, and Africa, offering vehicle and consumer financing services under various brands .

  • Headquarters: Kilimani, Pinetree Plaza, Kaburu Drive off Ngong Road, Nairobi, Kenya .

  • Workforce: The company employs between 1,001 and 5,000 individuals, reflecting its significant presence in the Kenyan financial services sector .

Financial Products and Services

MOGO Kenya offers a diverse range of financing options:

  • Car Loans: Financing for new and used vehicles, accommodating cars of any age, make, or model.

  • Logbook Loans: Loans secured against a vehicle’s logbook, allowing borrowers to access funds while retaining vehicle usage.

  • Boda Boda Loans: Financing solutions for motorcycle purchases, including options for electric bikes and second-hand models.

  • Tuk-Tuk Loans: Asset financing for three-wheeled vehicles, catering to small-scale transport entrepreneurs.

  • Check-off Loans: Personal loans for salaried employees, with repayments deducted directly from the payroll.

  • Smartphone Financing: Flexible payment plans for purchasing smartphones, expanding digital access.

Loan amounts can reach up to 80% of a vehicle’s value, with repayment periods extending up to 24 months. Daily repayment options are available, starting from as low as KES 236 for Boda Boda loans .

Financial Performance

In the fiscal year ending December 31, 2022, MOGO Kenya reported a net profit of KES 221.7 million. The company’s primary revenue stream is interest income from loans advanced to customers .

Expansion and Outreach

Demonstrating its commitment to enhancing financial inclusion, MOGO Kenya expanded its footprint by opening 22 new branches across 16 counties in 2025. This strategic growth aims to improve access to financial services in underserved regions, including Eastern, Western, Northern, Central, and Coastal Kenya .

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