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

Rhea-AI Summary

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) has announced a strategic partnership with Thomas Lee and FS Insight (FSI) to provide exclusive access to FSI's market-leading research for Mogo's digital wealth platform members. FSI, co-founded by top-ranked Wall Street analyst Tom Lee, offers institutional-quality research to individual investors. The partnership aims to give Mogo and Moka users an investing edge through access to subscription-based research, exclusive interviews, webinars, and appearances featuring Tom Lee and Mark Newton. Mogo will be the exclusive distributor of FSI's research to Canada's retail investor market, with the service set to launch this quarter.

Positive

• Exclusive partnership with top-ranked Wall Street strategist Tom Lee's research firm
• Access to institutional-quality research for Mogo's retail investors
• Potential to attract more users to Mogo's digital wealth platform
• Exclusive distribution rights for FSI's research in Canadian retail market

Negative

• None.

Insights

Financial Analyst

Mogo's partnership with Tom Lee and Fundstrat is a significant milestone. Lee's reputation as a top-ranked Wall Street strategist brings immense value to this collaboration. Retail investors, who typically lack access to high-quality equity research, will benefit substantially from this partnership. This move could potentially elevate Mogo's standing within the competitive fintech space by differentiating its services.

Particularly, the exclusive access to Fundstrat's research can enhance the decision-making processes of Mogo's users. This can lead to better investment outcomes and higher customer satisfaction, fostering loyalty and potentially expanding the user base. Moreover, the inclusion of webinars and interviews with Lee and other experts offers an additional layer of engagement and education, which is a smart strategy for building a more informed and confident investor community.

In the short term, the market reaction might be positive due to the perceived increase in value that Mogo brings to its customers. However, the long-term effects will depend on the actual performance improvements of Mogo's users and their satisfaction with the new offerings. Overall, this partnership aligns well with Mogo’s objective to empower its clients, potentially driving user growth and revenue.

Market Research Analyst

The collaboration between Mogo and Fundstrat is a strategic move that underscores Mogo's commitment to enhancing its digital wealth platform. Tom Lee's track record and the credibility of Fundstrat will likely attract more sophisticated investors looking for robust market insights. By providing exclusive content, Mogo can position itself as a premium service provider in the fintech sector.

From a market research perspective, this partnership could significantly boost user engagement and retention. Access to high-quality research is a important factor for investors and this partnership addresses that need directly. The decision to offer exclusive webinars and interviews adds an interactive element that can differentiate Mogo from competitors who may only provide static reports.

This initiative also taps into the growing trend of retail investors seeking more control over their investment decisions. In the long term, if Mogo can demonstrate that its users are making better investment decisions due to this partnership, it could see increased adoption and loyalty. This move could also set a precedent in the industry, prompting competitors to seek similar high-profile partnerships to stay competitive.

Tech Expert

From a technology standpoint, Mogo's integration with Fundstrat's equity research can be seen as a significant upgrade in the platform's capabilities. Delivering high-end research and interactive content like webinars and interviews requires robust digital infrastructure. If Mogo can seamlessly incorporate these features into its existing platform, it will enhance the user experience and provide substantial value to its customers.

The technical challenge will be ensuring that the research and content are easily accessible and well-integrated with Mogo’s other services. User interface and experience (UI/UX) will play a important role here. The platform must be intuitive enough for users to navigate through the new content effortlessly. Additionally, real-time updates and notifications about webinars and new research reports can keep users engaged and make the platform more interactive.

This partnership also highlights the importance of data security and privacy, as handling high-quality research material will be crucial. Mogo must ensure that its cybersecurity measures are up to par to protect this valuable content and maintain user trust. If executed well, this technological enhancement can significantly improve user satisfaction and retention, making Mogo a more competitive player in the fintech space.

• 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

VANCOUVER, British Columbia--(BUSINESS WIRE)-- 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.

View source 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

Source: Mogo Inc.

FAQ

What is the new partnership announced by Mogo (MOGO)?

Mogo has partnered with Thomas Lee and FS Insight to provide exclusive access to FSI's market research for Mogo's digital wealth platform members in Canada.

When will FSI research be available to Mogo (MOGO) members?

FSI research will be available to Mogo members beginning in the current quarter, as stated in the press release.

What benefits will Mogo (MOGO) users get from this partnership?

Mogo users will gain access to subscription-based research, exclusive interviews, webinars, and appearances featuring Tom Lee and Mark Newton, aimed at helping them make more informed investment decisions.

Who is Thomas Lee in relation to the Mogo (MOGO) partnership?

Thomas Lee is a top-ranked Wall Street analyst, co-founder of Fundstrat/FSI, former Chief Equity Strategist at JPMorgan, and a contributing editor with CNBC. He's partnering with Mogo to provide research content.