The Vancouver-based fintech says its portfolio includes $124 million worth of existing investments in companies like Coinsquare, Gemini and Hootsuite. (The Logic)
Skip to content
The Vancouver-based fintech says its portfolio includes $124 million worth of existing investments in companies like Coinsquare, Gemini and Hootsuite. (The Logic)
Talking point: Mogo has made a number of strategic investments in the last year, most notably in Toronto-based crypto exchange Coinsquare, in which it has taken an increasingly larger stake since the start of 2021. The vast majority of the portfolio currently consists of its stake in Coinsquare, worth $103.8 million as of Dec. 31, 2021. Its investments in other companies are worth $18.1 million, and it has $1.7 million in cryptocurrencies. Mogo president and CFO Greg Feller and an investment committee chaired by former “Dragons’ Den” investor Michael Wekerle, who also serves on Mogo’s board of directors, will be in charge of overseeing the new entity.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Exclusive
Ssense has laid off photo and make-up teams and says AI will do much of their work
Briefing
VCs are pouring billions of dollars into defence tech
Union head says ‘it’s too risky to wait’ for CUSMA review to start labour talks with Ford Motor
New federal nuclear energy strategy focuses on Candu reactors at home and abroad
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
