Mode Global looks to disrupt global payment and crypto markets

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  • Mode Global hails ‘transformational’ 2021
  • Mode Global Holdings gear up for busy runway ahead, hailing a ‘transformational’ 2021
Mode Global Holdings PLC - Mode Global looks to disrupt global payment and crypto markets

Quick facts: Mode Global Holdings PLC

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Mode is an LSE-listed Fintech disruptor with a vision: to leverage the rapid digitisation happening in today’s economy and build a next-generation ecosystem that combines the best of digital payments, investment, loyalty and digital assets.

Mode has launched a range of innovative financial products including a new-breed financial app for every day investors to easily buy, hold and grow Bitcoin, and a payments and marketing platform for UK businesses to attract customers globally through WeChat and Alipay. Mode is now seeking to launch its own revolutionary payments and loyalty solution for the UK market, directly connecting consumers and businesses under one integrated ecosystem – the Mode super app.

Mode was one of the first companies to IPO with a consumer Bitcoin offering and adopt Bitcoin as a treasury reserve asset.

28 Sep 2021

(, ) said its interim results marked a ‘significant milestone’ as the Bitcoin and open banking fintech firm turned a profit after hitting key milestones.

The group moved to a gross profit margin of 19% and ended the period with a strong balance sheet including GBP5.7mln of cash.

Referring to regulatory highlights, the company was granted an Electronic Money Institution licence from the Financial Conduct Authority and was also recognised by the regulator as a Registered Cryptoasset Firm under Money Laundering Regulations.

“Our half-year results mark a significant milestone for Mode,” said chief executive Ryan Moore.

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18 Aug 2021

(, ) () has inked an accord to run its crypto-related operations at net zero emissions before 2030.

The company said it is already working on plans to achieve carbon neutrality significantly ahead of that target.

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29 Jul 2021

(, ) has partnered with Young Lives vs Cancer to make it easier and cheaper to donate via the Mode app.

The fintech firm said customers will be able to donate to the cancer charity via the app, and the processing fee will be 0.5% rather than 2.5% on alternative donation options. Furthermore, Young Lives vs Cancer will pay zero fees for the first six months of the partnership as part of Mode’s pledge to donate the fee back to the charity.

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28 Sep 2021

(, ) (LSE:MODE, ) Ryan Moore joins Proactive London to explain their first half performance as the group moved to a gross profit margin of 19% and ended the period with a strong balance sheet including GBP5.7mln of cash.

The company was granted an Electronic Money Institution licence from the Financial Conduct Authority and was also recognised by the regulator as a Registered Cryptoasset Firm under Money Laundering Regulations.

The focus now is on revenue growth which as he explains ‘will have a new avenue for us to go out and execute on’. He says they have successfully built a strong platform of regulated and innovative products to drive growth.

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Mode Global Holdings gear up for busy runway ahead, hailing a…

Mode Global Holdings PLC (LSE:MODE, FRA:MOC) (LSE:MODE, FRA:MOC) Ryan Moore joins Proactive London to explain their first half performance as the group moved to a gross profit margin of 19% and ended the period with a strong balance sheet including GBP5.7mln of cash.

The company was granted an…

17 hours, 12 minutes ago

4 min read

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