Moka

Montreal, Canada Founded: 2017 • Age: 9 yrs Acquired By Mogo
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About Moka

Moka is a company based in Montreal (Canada) founded in 2017 was acquired by Mogo in March 2021. It operates as a Subscription Services, and FinTech. Moka has raised $12.51 million across 3 funding rounds from investors including Mogo and Ferst Capital Partners. Moka has completed 1 acquisition, including Tactex Asset Management. Moka offers products and services including Moka App, MogoTrade, and Fiscal.ai Pro. Moka operates in a competitive market with competitors including Tranako and Flahmingo, among others.

  • Headquarter Montreal, Canada
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mogo Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $12.51 M (USD)

    in 3 rounds

  • Latest Funding Round
    $10 M (USD), Series A

    Nov 07, 2019

  • Investors
    Mogo

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Mogo

    (Mar 23, 2021)

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Products & Services of Moka

Moka offers a comprehensive portfolio of products and services, including Moka App, MogoTrade, and Fiscal.ai Pro. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Investment app for managed S&P 500 portfolios.

Self-directed investing app with fundamental research tools.

AI tool for investment research and analysis.

People of Moka
Headcount 10-50
Employee Profiles 2
Employee Profiles
People
David Egyes
Director of Legal Affairs

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Teams

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Funding Insights of Moka

Moka has successfully raised a total of $12.51M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series A — $10.0M
  • First Round

    (23 May 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2019 Amount Series A - Moka Valuation

investors

Jan, 2018 Amount Seed - Moka Valuation

investors

May, 2017 Amount Seed - Moka Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Moka

Moka has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Mogo and Ferst Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Portfolio investment services are offered by Ferst Capital Partners.
Founded Year Domain Location
Personal loans and lines of credit are provided by Mogo.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Moka

Moka has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tactex Asset Management. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Wealth management and multi-strategy hedge fund investments are provided.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Moka

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Moka Comparisons

Employees
+
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Competitors of Moka

Moka operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tranako and Flahmingo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Spare change from purchases is automatically invested in global assets.
domain founded_year HQ Location
Micro-investing in fractional ETFs and stocks is enabled for individuals.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Moka

Frequently Asked Questions about Moka

When was Moka founded?

Moka was founded in 2017.

Where is Moka located?

Moka is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Is Moka a funded company?

Moka is a funded company, having raised a total of $12.51M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on May 23, 2017.

What does Moka do?

Moka, operated by Mogo Inc., is an investment platform designed for long-term wealth creation. It offers a managed SP 500 portfolio through Moka App, self-directed investing via MogoTrade, and AI-driven research tools with Fiscal.ai Pro. The platform serves serious investors by emphasizing discipline, behavioral focus, and clarity. Regulated by the Canadian Investment Regulatory Organization (CIRO), accounts are protected under CIPF coverage. Solutions are built to minimize noise and promote intentional, long-term investment strategies in the financial sector.

Who are the top competitors of Moka?

Moka's top competitors include Tranako and Flahmingo.

What products or services does Moka offer?

Moka offers Moka App, MogoTrade, and Fiscal.ai Pro.

How many acquisitions has Moka made?

Moka has made 1 acquisition, including Tactex Asset Management.

Who are Moka's investors?

Moka has 2 investors. Key investors include Mogo, and Ferst Capital Partners.

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