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Mogo's WonderFi Stake Set for Monetization Following Shareholder Approval of Robinhood Acquisition

1. Mogo updates on Robinhood's acquisition of WonderFi, securityholders approved. 2. Approval may boost digital wealth landscape, affecting Mogo's market position.

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Why Bullish?

The acquisition could expand market opportunities for Mogo, enhancing its competitive edge. Historical acquisitions in fintech often lead to increased valuations and market share for related companies.

How important is it?

The article discusses a significant M&A event that could reshape the digital wealth management landscape, directly impacting Mogo's strategic positioning.

Why Long Term?

The effects of this acquisition on Mogo's growth and partnerships will likely unfold over several quarters as the digital wealth sector evolves.

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VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ: MOGO; TSX: MOGO), a digital wealth and payments company, today provided an update on the previously announced acquisition of WonderFi Technologies Inc. (“WonderFi”) by Robinhood Markets, Inc. (“Robinhood”). On July 17, 2025, WonderFi announced that its securityholders voted in favor of the proposed acquisition at a special meeting of securityholders. The full voting results and next steps can be found in WonderFi's press release.

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