Vancouver's Mogo Finance expects to launch IPO

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Vancouver based Mogo Finance Technology Inc. is reportedly expected to launch an initial public offering (IPO) real soon. The deal could value the company at $200 million, reports Bloomberg Business.

Mogo Finance provides credit solutions to consumers in Canada. The company operates an online lending platform that offers consumers with access to credit solutions.

The company aims to raise about $50 million from its IPO and would seek a listing on the Toronto Stock Exchange.

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