Welcome to our dedicated page for Mogo news (Ticker: MOGO), a resource for investors and traders seeking the latest updates and insights on Mogo stock.
Mogo Inc. (NASDAQ: MOGO; TSX: MOGO) regularly issues news updates as a digital wealth and payments business with a strategic Bitcoin treasury. Its press releases cover developments across its Intelligent Investing wealth platform, Carta Worldwide payments infrastructure, and its evolving capital allocation strategy anchored in Bitcoin and hard assets.
Recent news has included the announcement of a corporate name change to Orion Digital Corp., with the company explaining that this reflects its evolution into a founder-led, multi-engine digital finance platform operating across wealth, payments, and digital assets. Other updates have highlighted quarterly financial and operational results, including growth in wealth revenue, payments revenue, assets under management, and member counts, as well as disclosures about Adjusted EBITDA and other non-IFRS measures.
Investors following MOGO news can also see announcements about its Bitcoin treasury strategy, such as board-approved allocation frameworks and increases in Bitcoin holdings funded through excess cash and monetization of investments. The company has reported transactions involving its equity position in WonderFi Technologies Inc., describing partial and full monetizations and linking these to balance sheet strength and digital asset reserves.
Additional news items include participation in investor conferences, board appointments, warrant-related matters, and regulatory or corporate updates furnished via Form 6-K. This news page aggregates these releases so readers can review how Mogo communicates its progress in digital wealth, payments infrastructure, and Bitcoin-focused capital allocation over time.
Mogo (NASDAQ:MOGO) announced that its President, Greg Feller, will participate in the 23rd Annual Needham Virtual Growth Conference from January 11-15, 2021. Mogo's presentation is scheduled for January 15 at 11:30 am ET, alongside one-on-one meetings. The Mogo app empowers users with innovative financial products, including the ability to buy and sell Bitcoin. With over one million members, Mogo aims to enhance financial health awareness and sustainability through its services. A live webcast of the event will be available on the Mogo Investor Relations website.
Mogo, a financial technology company that offers a mobile app for digital payments and cryptocurrency trading, has announced an at-the-market offering agreement to sell up to US$50 million in common shares through Nasdaq. The funds will be used for operational expenditures and general corporate purposes. The offering, managed by H.C. Wainwright & Co. and other agents, will last for 12 months unless terminated earlier. No shares will be sold in Canada, and Mogo is not obligated to sell any shares under this agreement.
Mogo Inc. (NASDAQ:MOGO) announced plans for an initial corporate investment of up to $1.5 million in bitcoin, representing about 1.5% of its total assets as of Q3 2020. This move builds on previous investments in bitcoin, including the launch of MogoCrypto in 2018. The company reported a 135% month-over-month increase in bitcoin traded on its platform from October to November 2020. Mogo believes bitcoin offers significant long-term investment potential for shareholders as adoption grows globally.
Mogo Inc. has received conditional approval from the Toronto Stock Exchange to issue and list up to 10 million additional common shares related to the acquisition of Carta Worldwide, a leader in digital payments solutions. The transaction is expected to close by the end of January 2021, pending a special shareholder meeting on January 15, 2021. This acquisition aims to enhance Mogo's fintech position, expand its total addressable market (TAM) in the $2.5 trillion payments sector, boost subscription revenue, and improve digital wallet capabilities.