Mogo Becomes Exclusive Canadian Partner of Top-Ranked Wall Street Investment Strategist Tom Lee & Fundstrat to Bring Their Equity Market Research to Mogo’s Digital Wealth Customers
July 23 2024 - 7:31AM
Business Wire
- Includes exclusive access to equity research, webinars,
interviews and appearances with top Wall Street strategist Tom Lee,
Founder of Fundstrat and contributing editor at CNBC
- Ties to Mogo’s objective to give its wealth customers an
investing edge to outperform and better achieve their financial
goals
Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a
digital wealth and payments business, today announced a new
partnership with Thomas Lee and FS Insight LLC (“FSI”) to provide
members of the Company’s digital wealth platform, Mogo and Moka,
with exclusive access to research and related products and services
produced by FSI – a market-leading, independent research firm
within Fundstrat Global Advisors (“Fundstrat”). Fundstrat/FSI was
co-founded by Mr. Lee who is a top-ranked Wall Street analyst with
more than 30 years of research experience, the former Chief Equity
Strategist at global investment bank JPMorgan, and a contributing
editor with CNBC; and John Bai, former Wall Street sales executive.
FSI provides individuals with the same quality of research that
banks and hedge funds receive to make their investment
decisions.
“We are excited to partner with Tom and Fundstrat to provide our
wealth members with exclusive content to help them make more
informed investment decisions. Tom Lee has proven himself to be one
of the most insightful market strategists working on Wall Street
today,” said David Feller, CEO of Mogo. “We are on a mission to
give the next generation of investors the edge they need to be
successful, and partnering with Fundstrat is another important
milestone in this mission.”
“As a Wall Street strategist, I come across many different
investing platforms and solutions, and I believe Mogo and Moka are
among the most innovative I’ve seen, and exactly what any savvy
investor should be looking for,” said Thomas Lee, Co-Founder and
Head of Research at Fundstrat. “We’re delighted to work with Mogo
to make our content more widely available to retail clients in
Canada.”
Under the agreement, Mogo will be the exclusive distributor of
FSI’s research to Canada’s retail investor market. In addition to a
broad array of subscription-based research, Mogo and Moka users
will have access to exclusive interviews and webinars produced by
FSI, as well as appearances featuring Tom Lee and Mark Newton, Head
of Technical Strategy at FSI. FSI research will be available to
Mogo members beginning this quarter.
About FS Insight
FS Insight, wholly owned by Fundstrat, is a market-leading,
independent research firm. They are experts in U.S. macro market
strategy and serve a broad array of clients around the world,
including internationally recognized multitrillion dollar asset
managers, hedge funds and private banks, representing some 80% of
globally managed equity assets. FS Insight was co-founded by Thomas
J. Lee, a top-ranked Wall Street analyst with some 30 years of
research experience, and the former Chief Equity Strategist at
global investment bank JPMorgan; and John Bai, former Wall Street
sales executive. Mr. Lee is also a regular guest on major financial
news networks including CNBC, Bloomberg and Fox Business News, and
has been quoted extensively in the financial press. He’s widely
followed by institutional and individual investors, as well as the
media. FS Insight’s work is often cited in social media,
traditional media channels and on television/cable networks.
About Mogo
Mogo Inc. (NASDAQ:MOGO; TSX:MOGO) is a digital wealth and
payments company headquartered in Vancouver, Canada with more than
2 million members, $9.9B in annual payments volume and a ~13%
equity stake in Canada’s leading Crypto Exchange WonderFi
(TSX:WNDR). Mogo's digital wealth platform is designed to help the
next generation of investors get the edge they need to be
successful. Our platform includes MOGO, a self-directed investing
app that helps our members invest based off the principles of
Warren Buffett while also helping them avoid the overtrading that
generally leads to underperformance. Our wealth members also get
access to MOKA, an innovative wealth management app that is
designed to give investors the behavioral edge they need to
outperform. Our unique offering is aimed at disrupting the status
quo by giving the next generation of Canadians access to best in
class investing products for a simple $15/month subscription.
Through its wholly owned digital payments subsidiary, Carta
Worldwide, Mogo also offers a low-cost payments platform that
powers next-generation card programs for companies across Europe
and Canada. The Company, which was founded in 2003, has
approximately 200 employees across its offices in Vancouver,
Toronto, London & Casablanca.
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version on businesswire.com: https://www.businesswire.com/news/home/20240723896102/en/
For further information: US Investor Relations Contact
Lytham Partners, LLC Ben Shamsian New York | Phoenix
shamsian@lythampartners.com (646) 829-9701
Craig Armitage Investor Relations investors@mogo.ca (416)
347-8954
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