Orion Digital Corp.

Orion Digital Corp. is a financial technology company focused on its digital wealth platform. The company's Intelligent Investing platform offers structured investment solutions for long-term portfolio construction using automated, technology-enabled processes. Orion Digital also operates a European payments infrastructure business, providing transaction authorization and processing services, and manages a Canadian consumer lending portfolio focused on risk and capital efficiency. The company prioritizes reinvestment in its wealth platform, then payments infrastructure, followed by share repurchases, retaining excess liquidity for operating stability and capital flexibility. Orion Digital's primary products are in wealth, payments, and lending. The company generates revenue from three main business lines: Wealth (subscription and services), Payments (transaction and platform fees), and Lending (interest income). Wealth revenue is recurring, from platform membership fees and investment services, scaling with assets under management and member growth. Payments revenue comes from issuer processing, transaction-based fees, and program management for enterprise and fintech clients, correlating with transaction volume and client program activity. Lending revenue is from consumer lending products, with profitability driven by pricing and credit performance. The company's strategy is to increase recurring and scalable revenue from wealth and payments, while managing lending for capital-efficient cash flow. Wealth is the primary growth and strategic focus. IntelligentInvesting.ai is a digital wealth platform for Canadians, delivered via two mobile applications as of December 31, 2025: the Intelligent Investing app (managed investing) and the MogoTrade app (self-directed investing), forming an integrated investing ecosystem with two core offerings, including Managed Investing through the Intelligent Investing mobile application.