Founded in 2017 in Montreal, Canada, by Philip Barrar, Mylo Financial Technologies aimed to make investing accessible to millennials. Its core product is an app that links to a user's bank accounts and credit cards, automatically rounds up everyday purchases to the nearest dollar, and invests the spare change into a personalized portfolio of Exchange-Traded Funds (ETFs). In 2020, the company rebranded from Mylo to Moka to support its international expansion efforts. In May 2021, Moka was acquired by Canadian fintech company Mogo Inc. (TSX: MOGO, NASDAQ: MOGO) and is now integrated into the Mogo ecosystem of financial products, continuing to operate under the Moka brand.

Founded in

Canada