Mogoplus
“Can AI-powered transaction analysis and open banking data access replace manual bank statement review to become the credit intelligence layer for Australian lenders?”
HQSydney, NSW, Australia
Total raised$1.5M
Latest roundSeed, 2025
IndustryInfrastructure / Lending
The story
Mogoplus (operated by Mogo Holdings Pty Ltd) is an Australian B2B credit intelligence platform that helps lenders automate credit decisioning using AI and open banking data. The company positioned itself as a replacement for manual PDF bank statement review and screen-scraping workflows, leveraging Australia's Consumer Data Right (CDR) framework via TrueLayer. Its core products — GoLend, GoCat, and GoVerify — offer transaction categorisation, income verification, and affordability analysis as APIs consumed by Australian lenders and fintech platforms.
Product timeline
2024
Mogoplus selected TrueLayer for open banking data access in Australia using the Consumer Data Right (CDR) framework.· banking
2025
Raised $1.5M seed funding to scale agentic AI credit decisioning tools.· pivot
2025
Announced strategic partnership with One Click Life (ASX: 1CG) to power AI-driven credit decisioning for its Little Money cash advance product.· lending
The stack
Lending
GoLend Report — AI-powered affordability and serviceability analysis for lendersGoCat — transaction categorisation for credit decisioningGoVerify — income verification and financial profiling
Open banking
Accounting gap: none