Home AI MogoPlus Secures $1.5M in Funding to Expand Agentic AI Solutions

MogoPlus Secures $1.5M in Funding to Expand Agentic AI Solutions

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MogoPlus Funding – $1.5M Raised for Agentic AI Expansion

MogoPlus has successfully secured AU$1.5 million in funding from London-based New Model Venture Capital Group to expand its Agentic AI platform, targeting open data markets and lending solutions. The Sydney-based company specializes in AI-driven credit insights, enabling banks and credit providers to automate workflows, reducing loan origination costs, and enhancing lending decisions. Their existing clientele includes major Australian banks, Middle Eastern financial institutions, and various digital lending platforms. This funding will facilitate the expansion of MogoPlus’s AI solutions beyond finance into other sectors like telecommunications and insurance. CEO Mike Page emphasized the strategic partnership with New Model, which is vital in capturing the growing demand for AI agents. According to projections, the AI Agent market is anticipated to surge from USD 7.84 billion in 2025 to USD 52.62 billion by 2035, highlighting significant opportunities for vendors that deliver specialized intelligent agents.

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