Mogo has announced an allocation of $50 million for a strategic Bitcoin reserve.
The move comes as part of Mogo’s “long-term capital preservation and product innovation strategy,” according to a statement from the Vancouver-born fintech. [Read more…] about Mogo Deepens Crypto Conviction with $50M Investment into Bitcoin Reserve
For decades—actually, about a century—little transformation occurred throughout the makeup of Canada’s financial sector. The same familiar faces became “The Big Five,” a title crowned with an air of Mount Rushmore-like permanence. [Read more…] about Next-Gen Fintechs Set Canada’s Future Stage Among Trends Impacting Finance
Warren Buffett has criticized trading platforms that overly gamify investing in the past, lamenting once in an annual meeting for Berkshire Hathaway shareholders that such platforms resemble gambling parlours more than investment platforms. [Read more…] about Mogo Rejects Gambling-Style Trading Apps in Favour of ‘Buffet Mode’ Investing Platform
Mogo this week announced the next generation of its wealth-building app, Moka.
The Vancouver-based digital wealth and payments business unveiled Moka.ai, equipped with “significant updates and enhancements designed to help the next generation of Canadians get on a real path to becoming millionaires and achieving financial freedom.” [Read more…] about Moka.ai Wants to Help You Outperform Most Money Managers for $7 a Month
Mogo this week announced that it has bolstered its partnership with Snowflake, a US Data Cloud company that expanded to Canada in 2022. [Read more…] about Mogo Advances Collaboration with Snowflake to Unlock New Efficiencies
A longstanding Canadian financial technology company unveiled this month that it bought back nearly half a million company shares in 2023. [Read more…] about Feeling Undervalued, Fintech to ‘Remain Active’ with Buyback Program
WonderFi Technologies this week announced corporate updates alongside financial estimates for 2024.
The Vancouver-born web3 firm operates an array of regulated Canadian crypto trading platforms and other digital asset businesses, including Bitbuy, Coinsquare and Coinsmart, and Bitvo. [Read more…] about WonderFi Nudges Web3 War Chest Toward Profitability in 2024
Technology is upending Canada’s financial sector, with ripple effects across industry, geography, and demographic. [Read more…] about Six Canadian Fintech Innovators You Can Invest in Today
The triple bottom line of business – People, Profit, Planet – isn’t a new concept. Most companies have incorporated social responsibility into their offerings and core business principles, showing a commitment to efforts like improving communities, supporting ethical labour practices, or taking action against climate change. [Read more…] about The Future of Finance – Accessible, Self-Driving, and Socially Conscious
Last August Canadian fintech Mogo announced that they would plant a carbon-sucking tree every time a Mogo Visa Platinum Prepaid Card tapped it. Last week they announced that they have reached the one million trees milestone in partnership with Vancouver-based reforestation platform, veritree. [Read more…] about Mogo Customers Tap Their Way To One Million Tree Milestone
