Kogan set to launch its own credit card

Company News

by Anna Napoli

Online shopping platform, Kogan.com (ASX:KGN) is set to launch its own credit card after signing a deal with Citi.

The Kogan money credit card will be launched in early 2019, with Citi to issue the card and provide the system infrastructure.

Kogan.com says the card will be competitively priced and offer unique and compelling loyalty incentives for customers.

Executive Director of Kogan, David Shafer says the partnership with Citi will be a clear win for Kogan and Citi customers.

Shares in Kogan.com (ASX:KGN) are up 2.48 per cent to $2.89.

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