Mylo rebrands as Moka
Montreal-based financial technology company Mylo has undertaken a rebranding initiative timed to coincide with the company’s expansion into France. The company and its mobile application will now be known as Moka. The company’s saving and investing services are aimed primarily as millennial-aged consumers. The app rounds up the price of daily purchases and invests the extra funds in a range of exchange-traded funds. According to the company, its launch in France is the first stage of an overall expansion into Europe. The rebranding includes a new website at <http://www.moka.ai>.
“We're expanding to France to help millennials save more, spend less, and invest smarter,” said Phil Barrar, CEO of Moka. “We're excited to grow our company by evolving the product and expanding to another market under a new global name. We're a proudly Canadian company, but we needed a name that resonates around the world in every language and country.”