Technology

Core Revenue up 80%, Users up 45% – Mogo is on Fire

Core Revenue up 80%, Users up 45% – Mogo is on Fire

Mogo (MOGO.Q) just released its Third-Quarter financials and there are some seriously impressive numbers in there. The major takeaways from our perspective are core revenue, where it came from and the user growth; Core revenue increased by 80% to $15.1 million  Subscription & Services revenue grows 111% and now represents 51% of total revenue Member base rises...

Fintech Is Booming, Here Are Some Numbers

Fintech Is Booming, Here Are Some Numbers

This week Techcrunch reported that Monzo, a pre revenue Fintech company  raised $144.4 million dollars at a +$1 billion valuation. Monzo deems itself 'the bank of the future.' Monzo is taking advantage of the current dire situation the banks face. We have previously written how we think the big banks will continue to suffer unless they fix a...

Why The Crypto/Cannabis Break Up Is Only Temporary

Why The Crypto/Cannabis Break Up Is Only Temporary

Last year Paragon Coin, headed by the former Miss Iowa Jessica Versteeg teamed up with infamous rapper The Game to raise over $37 million dollars on a cannabis/crypto ICO which ended up being one of the biggest scams in the space. Paragon’s white paper vaguely laid out how they would use blockchain technology to track cannabis products from...

How To Invest In eSports

Back in 2015 analyst Colin Sebastian predicted eSports would be a $145 billion dollar industry by 2020.  Many Vancouverites were only turned onto this sector recently as The DOTA 2 world championships were held at Rogers Arena in Vancouver last month month. Top prizes ranged in the $20 million area. The Aquilini family who owns the stadium were in...

Beyond the Buzzwords: What the New DMG/IBM Partnership Really Means

Last week DMG Blockchain (DMGI.V)  0.30 (0.01 3.45%)  put out a press release with a title that may have gotten lost in the stack, however, we did some digging and what we found was surprising. On the surface it looks as though IBM is entering the blockchain space, but it also appears that (IBM.N) 129.47(-1.08 -0.83%)  is interested in the cannabis space as well, and DMG is...

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