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. The financially successful Buffett has long credited his wealth not to high intelligence or risky bets, but rather patience and a stoic […]
Mogo
Mogo Launches Next Gen of Moka Platform to Power Wealth Through AI
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.” David Feller, founder and chief executive officer of Mogo, […]
Vancouver Fintech Sets Crosshairs on Leveraging ‘Transformative’ AI
Mogo this week announced that it has bolstered its partnership with Snowflake, a US Data Cloud company that expanded to Canada in 2022. Building on a multi-year relationship, Vancouver-based fintech Mogo will use Snowflake Data Cloud as the foundation for its wealth-based offerings. This strategic maneuver will increase the company’s processing time and efficiency, according […]
Mogo Buys Back One Million Shares Amid ‘Continued Progress’
A longstanding Canadian financial technology company unveiled this month that it bought back nearly half a million company shares in 2023. Born in Vancouver in 2003, shares in Mogo are down from a Pandemic high of more than $40 to about $2.50 today. Greg Feller, who serves as President and chief financial officer of the […]
Five Crypto Startups to Watch in BC
Despite a current downturn, the global cryptocurrency market remains active and fascinating to say the least—and a trend with enough traction to grab the attention of virtually all companies. Blockchain-based digital assets “have risen on the radars of boards over the last few years as digital currencies are adopted into mainstream payment flows and central […]
Mogo Launches Venture Arm To Manage $100+ Million Investment Portfolio
Vancouver’s Mogo has launched a new venture arm to manage its investments in strategic partners and companies that support Mogo’s ecosystem. Mogo Ventures has investments in leading and emerging crypto and Web3 platforms including Gemini, NFT Trader and Tetra Trust; investments in gaming companies including Enthusiast Gaming and Eleven Gaming; and investments in Bitcoin and […]
International Women’s Day 2022 – A How-To: Raising Female Voices in the Tech Industry
As the Canadian tech industry continues to underrepresent women, an issue the pandemic only exacerbated, it’s important to celebrate female voices in the industry. In Canada, there continues to be inequities as this demographic is largely underrepresented among Canada’s largest sectors. Less than 25% of all C-suite executives are women, only 4% identifying as women […]
Mogo Expands into Metaverse with Investment in NFT Trading Platform
Vancouver fintech Mogo (TSX:MOGO) has made a strategic investment in NFT Trader, a company that operates a secure peer-to-peer OTC trading protocol for non-fungible tokens or NFTs. NFT Trader is an established trading platform for NFTs, collaborating with many popular projects, including Bored Ape Yacht Club, Cool Cats, Gutter Cat Gang, and CyberKongz. The investment in […]
Mogo Is Well On Its Way To Majority Ownership Of Coinsquare
Vancouver fintech Mogo (TSX:MOGO) has been slowly acquiring more and more of Coinsquare, Canada’s leading digital asset trading platform for Bitcoin, Ethereum and other cryptocurrencies. Three months ago Mogo acquired 20 percent of Coinsquare. Last month Mogo nearly doubled its stake, increasing its ownership in to approximately 37 percent. Today Mogo announced it would be […]
Mogo Expands Crypto Portfolio With Investment in Ethereum
Image: Immediate Connect Vancouver’s Mogo announced today that it has purchased approximately 146 Ether (ETH) at an average price USD $2,780. Ethereum is an open-source, block-chain based, decentralized software platform that uses its own cryptocurrency, Ether. Mogo’s Ethereum investment is consistent with the company’s plans to increase their on balance sheet investment in the blockchain […]