Mode Global Holdings PLC - bitcoin banking app company based in London - Says its payments and rewards solution is launching on iOS devices in Public BETA Monday.
The news will see iOS customers have access to frictionless payments and instant Bitcoin cashback.
Mode customers will be able to try out the new app features from today via Mode's recently-launched merchandise store, which has its payments solution integrated at checkout.
Mode recently signed a memorandum of understanding with THG PLC, under which THG brands will offer Mode as an additional payment option for customers.
Starting from the end of the third quarter, all Mode customers will be able to start using Mode to shop at THG brands, which boasts 30+ brands including LookFantastic and MyProtein.
Current stock price: 45.44 pence
Year-to-date change: up 5.7%
By Amrit Sahota; newsroom@alliancenews.com
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R8 Capital Inv (MODE)