Mogo Inc. Acquires Canadian Investment Dealer Fortification Capital Inc. (to be Renamed MogoTrade)
September 1, 2021
Mogo Inc. completed the acquisition of Canadian registered investment dealer Fortification Capital Inc., which will be renamed MogoTrade. The deal gives Mogo the necessary regulatory licenses, registrations and technology (including an order management system and market data processing) to accelerate the launch of its commission-free stock trading platform.
- Buyers
- Mogo Inc.
- Targets
- Fortification Capital Inc.
- Sellers
- Vendor (sole shareholder of Fortification Capital Inc.)
- Industry
- Financial Services
- Location
- Canada
- Transaction Type
- Buyout
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