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Pin to quick picksR8 Capital Inv Share News (MODE)

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IN BRIEF: Mode Global Set To Unveil Payments And Loyalty Product

Wed, 24th Feb 2021 14:37

Mode Global Holdings PLC - bitcoin banking app company based in London - Will deliver the first public product demo of its payments and loyalty solution on Thursday, noting the product aims to counter rising card interchange fees and provide businesses with a safer, smarter and more affordable way to accept instant payments.

"We're delighted to unveil what we have been building over the past few months. This is the beginning of a very exciting journey for Mode, where we transform the Mode app into an all-encompassing financial super app, with payments, digital assets, loyalty and merchant offers all in one place. This is a critical step in our mission to deliver a next-generation ecosystem where consumers and merchants can transact in a smarter and more frictionless way," says Chief Commercial Officer Rita Liu.

Current stock price: 64.50 pence

Year-to-date change: up 50%

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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