Orion Digital

Orion Digital

Digital finance platform for wealth, payments

Overview

Orion Digital Corp. builds a multi-engine digital finance platform in Canada and Europe, spanning Intelligent Investing, Carta Worldwide, and Bitcoin Treasury, serving individuals and businesses. Intelligent Investing uses education, behavioral design, and automation to guide long-term investing; Carta Worldwide offers global payments infrastructure including issuer processing and program management for enterprises; Bitcoin Treasury maintains a long-duration digital asset reserve. The company differentiates itself by combining wealth management, payments rails, and digital assets in one platform with recurring revenues and disciplined capital allocation. Its goal is to scale globally and provide durable revenues across its three lines.

About Orion Digital

Simplify's Rating
Why Orion Digital is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Fintech

Crypto & Web3

Financial Services

Company Size

1-10

Company Stage

N/A

Total Funding

N/A

Headquarters

N/A

Founded

N/A

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Simplify's Take

What believers are saying

  • Q2 2026 adjusted EBITDA rose 115% sequentially to $3.3 million.
  • Wealth AUM reached $545.3 million in Q2 2026, up 18% year-over-year.
  • WonderFi exits in 2026 lifted cash above $25 million and strengthened liquidity.

What critics are saying

  • Nasdaq warned on June 26, 2026, that ORIO trades below US$1.
  • December 31, 2025 debt totaled $84.1 million, crushing flexibility if lending weakens.
  • If Intelligent Investing stalls, Orion remains dependent on consumer lending and capital markets access.

What makes Orion Digital unique

  • Orion Digital pairs Canadian wealth, European payments, and a Bitcoin treasury under one roof.
  • Intelligent Investing launched July 27, 2026, using existing C$500 million client assets.
  • Carta Worldwide processes European issuer payments, giving Orion digital infrastructure revenue beyond lending.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Remote Work Options

Stock Options

Unlimited Paid Time Off

Paid Vacation

Wellness Program

Mental Health Support

Company News

Yahoo Finance
Aug 6th, 2026
Orion Digital Q2 2026: Adjusted EBITDA up 115% to $3.3M, wealth AUM grows 18% to $545M

Orion Digital reported Q2 2026 financial results showing adjusted EBITDA of $3.3 million, up 115% sequentially and 70% year-over-year. The adjusted EBITDA margin expanded to 19.5% from 9.1% in Q1 2026. The Vancouver-based company's wealth assets under management grew 18% year-over-year to $545.3 million, whilst wealth revenue increased 14% to $4.1 million. Core operating cash generation reached $5.1 million during the quarter. Total revenue was $16.9 million, essentially flat compared with Q2 2025, as wealth growth offset lower payments and interest revenue. Gross profit increased to $12.6 million from $12.2 million, with gross margin expanding to 75% from 72%. The company operates across Canadian wealth management, European payments infrastructure, and Canadian consumer finance.

Associated Press
May 7th, 2026
Orion Digital Q1 2026: Adjusted EBITDA +46% YoY, cash +97% YoY; new investing app launched

Orion Digital, formerly Mogo Inc., reported Q1 2026 results showing adjusted EBITDA growth of 46% year-over-year to $1.5 million and a 97% increase in cash position to $25.6 million. The company recently launched its new Intelligent Investing app, a next-generation wealth platform designed for long-term capital allocation. Total revenue was $16.9 million, with wealth revenue growing 12% to $3.9 million and European payments transaction volume increasing 12% to $2.7 billion. Assets under management reached $495.6 million, up 14% year-over-year. The company is temporarily reducing Q2 loan originations by 50% to demonstrate cash generation capability, with plans to increase originations and marketing investment in the second half of 2026. Full-year adjusted EBITDA guidance is $6.0 million to $7.0 million.

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