Mojo Capital: Profitable, But Transparency Remains Limited

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Mojo Capital, an Esketit loan originator that provides business financing to other fintech companies associated with Esketit’s founders, has published a small set of financial figures for 2025.

The net loan portfolio increased from EUR 1.2 million to EUR 12.9 million. At the same time, the company reportedly generated a net profit of EUR 388,000 during its first full financial year. Based on reported revenue of EUR 2.18 million, this corresponds to a profit margin of roughly 17.8%.

Beyond these headline figures, however, there is very little information available to assess the company’s financial stability. No balance sheet, no equity position, no cash flow statement, and no independent auditor’s opinion have been disclosed. As a result, the two-page marketing flyer does not provide a sufficient basis for a meaningful lender assessment. The overall score in my rating model has decreased from 32 to just 9 points.