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
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R8 Capital Inv (MODE)