Mogo Inc. Acquires Canadian Investment Dealer Fortification Capital Inc. (to be Renamed MogoTrade)

Mogo Invests in NFT Trader, Securing 25% Stake with Option to Increase to 50%

January 11, 2022

Financial Services

Mogo announced a strategic investment in NFT Trader, a Canadian NFT trading platform, via a convertible note that would represent a 25% interest upon conversion. Mogo also has an option to acquire an additional 25% from NFT Trader founders within six months, and NFT Trader is expected to support a potential partnership to bring NFT trading to Mogo’s Canadian members.

Mogo Inc. Acquires Carta Worldwide

November 19, 2020

Payments & Fintech

Mogo Inc. (TSX: MOGO; NASDAQ: MOGO) agreed to acquire Carta Solutions Holding Corporation (doing business as Carta Worldwide) in an all‑stock plan of arrangement to expand into the global B2B digital payments market. The acquisition — reported at about C$24.2 million — gives Mogo a payments technology platform and broadens its addressable market into global digital payments.

FTX Trading Limited Acquires Bitvo, Inc.

June 17, 2022

Financial Services

FTX Trading Limited announced an agreement to acquire Calgary-based Bitvo, Inc., a Canadian crypto-asset trading platform registered as a restricted dealer and with FINTRAC. The deal (subject to regulatory approval and customary closing conditions) is intended to support FTX's regulated expansion into the Canadian market and integrate Bitvo into FTX's global team serving Canadian customers.

Forge Global Completes Business Combination With Motive Capital Corp to Become Publicly Traded on NYSE

March 22, 2022

IT Services

Forge Global Holdings, Inc. (NYSE: FRGE) completed its business combination with Motive Capital Corp, a special purpose acquisition company sponsored by affiliates of Motive Partners. The combined company began trading on the NYSE on March 22, 2022 under the ticker FRGE (and warrants FRGE WS).

Novacap Takes Significant Equity Stake in Cofomo

June 1, 2021

IT Services

Novacap has acquired a significant equity interest in Cofomo to accelerate the IT consultancy's growth and strengthen its market leadership across Canada. The partnership will support Cofomo's expansion of digital transformation, cloud, security and talent-delivery capabilities while leaving the existing management team and operations in place.

Financial Gravity Acquires Forta Financial Group

May 21, 2020

Financial Services

Financial Gravity Companies, Inc. (OTCQB: FGCO) received FINRA approval to acquire Forta Financial Group, Inc., a dually registered broker‑dealer and registered investment advisor headquartered in Greenwood Village, Colorado. The acquisition gives Financial Gravity broker‑dealer and RIA capabilities to support advisor practice management, marketing/leads, and financial innovation as it pursues expansion under its public parent structure.