Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Cannabis treating Covid, it doesn't get much bigger than that.
At least this company is signing meaningful orders unlike some in this sector.
Jesus saves, CF scores from the rebound.
Whouse, This news was released via RNS 2 weeks ago.
Conserv Biosciences linked to Forbion the venture capital firm, that's the money sorted then. imo
Disruptive technology, fintech, huge market space, rapid user take up, rapid growth, good profit margins, and extremely large forward valuations.
The market now knows how to value companies in this sector, see icarus1 post below, it won't be long before this company starts attracting a increasing number of investors that can see the opportunity here.
Only 22% of shares in free float, so about 18 million shares. see page 5 of prospectus;
https://uploads-ssl.webflow.com/5f0469a581bf1f46ed3bc9bc/5f749664f2351d0498882bd1_mode_global_holdings_-_prospectus__7.12__-_final.pdf
This is when it gets interesting! Merchants can leverage their closer relationship with consumers to better understand what they really want. They can combine those insights with their payment savings to provide targeted offers to their customers, directly through the mobile wallet, so that the users can have an integrated, frictionless payment and loyalty experience, which is the only solution fit for the era of digital commerce we live in.
Instead of being disintermediated by card companies and banks, businesses can now nurture deeper relationships with their customers that go beyond simple transactions. By accessing deep behavioural insights, they can offer highly personalised rewards to drive loyalty from high-value customers.
Whilst the path is clear, plenty needs to be done before we reach this point. For instance, customer use of open banking has doubled in six months, but that’s still only one million users out of a population of 67 million.
However, merging fractured and inefficient ecosystems into one will allow users to reap the benefits of payments and loyalty in one super-app, and empower businesses to enjoy the benefits of pooling data across a consumer’s entire purchasing, spending, saving and investment lifecycle.
This article is by Rita Liu, Chief Commercial Officer at Mode Banking.
You may never have heard of Ant Financial, the Chinese payments giant that will soon float in what could become the world’s biggest IPO – but you will probably have heard of its mobile app.
Alipay allows users to do anything and everything from buying an airline ticket to topping up their mobiles to investing in shares. Together with arch-rival WeChat, these two so-called ‘super-apps’ are used by more than a billion consumers across China.
How does that compare to the UK? It’s fair to say that Britons have been slower to adopt digital payments. For instance, 257 million cheques were processed in 2019, a small increase on the previous year. Debit cards continue to be the most popular method of payment, having overtaken cash in 2017. COVID is helping to close the gap.
Research shows the use of cash has halved since the pandemic began, partly as more retailers switch to contactless payments exclusively, but also as consumers worry about health and safety and switch to online shopping. Steps to make it easier to use contactless- such as increasing the limit to £45- have expedited the process.
But there is plenty the UK could do to make it easier and cheaper to buy and sell goods and services, which will benefit businesses and consumers alike. Let’s start with the payments industry, which is plagued by pain points and inefficiencies. When you use your card to buy a coffee, for example, it’s approved within a matter of seconds.
That sounds pretty efficient, right? In some ways it is. But that approval process can involve several steps and intermediaries along the way, including a payments gateway, an acquiring bank, the card company and your own issuing bank. Each step incurs fees and the more steps involved means the higher the chance of a transaction getting declined. That’s frustrating for consumers and bad business for retailers.
While this would be an important problem pre-COVID, now it is even more so. The pandemic has wrought financial havoc on hundreds of thousands of SMEs across Britain. Many are pivoting their business from a more traditional bricks-and-mortar model to embrace e-commerce.
High payment fees, in addition to the pricey physical equipment that many card companies can press on businesses, make the migration substantially harder. This makes a mockery of one of the central aims of open banking, which is to boost financial inclusion.
One solution is to offer businesses and consumers a mobile wallet solution, by leveraging the power of open banking to offer direct or account-to-account payments between merchants and shoppers, cutting out the middlemen and saving hundreds of millions of pounds in card fees a year. So in theory, consumers could ditch their debit cards and use their mobile wallet to pay the local restaurant directly for a takeout.
Continued ...
Rita Liu was the founding member of Alipay’s business expansion. She’s now Mode’s Chief Commercial Officer and below explains the company’s ground breaking ecosystem to Sarah Lowther and why Mode is ahead of incumbents entering the open banking space.
https://total-market-solutions.com/2020/12/mode-global-holdings/
Dogs- have a listen to this;
https://total-market-solutions.com/2020/12/mode-global-holdings_december-2020/
The UK in Q1 of 2020 completed 87 FDI deals, which dwarfs Irelands 6 in 18 months.
Share capital reduction effective
Wed, 25th Nov 2020 09:08
RNS Number : 4594G
Argo Blockchain PLC
25 November 2020
Press Release
25 November 2020
Argo Blockchain PLC
('Argo' or 'The Company')
Share capital reduction effective
The following amendment has been made to the 'Share capital reduction effective' announcement released on 25 November at 07:00 under RNS No. 3952G.
The issued share capital of Argo now comprises 293,750,000 ordinary shares following the capital reduction.
All other details remain unchanged.
The full amended text is shown below.
Argo, the leading cryptocurrency miner based in the UK (LSE:ARB), is announcing that, further to the announcement on 3 November 2020, the High Court of England and Wales has confirmed the reduction of the Company's nominal share capital by way of cancellation of the share premium account on application from the Company.
On 23 November 2020, the Registrar of Companies registered the order of the High Court confirming the capital reduction and the related statement of capital approved by the High Court, whereupon the capital reduction became effective.
The Company confirms that, following the capital reduction, the issued share capital of Argo comprises 293,750,000 ordinary shares of £0.001 each.
toastal - i believe in the last presentation CF stated there are 17 insti's holding shares in OO, all except 1 holding less than 3%. A number of these have topsliced profits made since placing temporarily weakening the sp.
How many more insti's do you want onboard ?
mikelma10
AGS-v has only completed p1 so far.
If You listen to the link Burton provided, CF states that immutex deal is 3 to 4 months away.
This board has gone to pot today, it seems to have been infiltrated by those on the left spewing their politics on the majority who don't want to hear it.
So please for the sake of this board give the politics a rest guys.
Novichok
Yes the £2.5m per slot is just the booking fee.