Mode launches payments/rewards solution on Android

RNS Number : 0277D

Mode Global Holdings PLC

24 June 2021

 

Mode Global Holdings PLC

("Mode" or "the Company" or "the Group")

Mode launches payments and rewards solution on Android

Mode Global Holdings PLC ("LSE:MODE"), the LSE-listed Fintech Group, announces that its payments and rewards solution has launched on Android devices in Public BETA.

To demonstrate its payments flow, Mode has rolled out its solution enabling customers with the Mode app on Android devices to be the first to experience frictionless payments and instant Bitcoin cashback. Customers will be able to try out the new app features via Mode's newly-launched merchandise store, which has its payments solution integrated at checkout.

Ryan Moore, CEO of Mode, said: "Our launch today means a great deal to the team, who after months of work, have proven their capability to deliver a truly innovative payments solution that is unique to the UK. We are proud to finally be able to showcase our solution live to merchants and customers, and demonstrate the disruptive nature of the platform we have built. We look forward to receiving feedback from customers as well as investors over the coming weeks."

Mode recently announced it has signed an MoU with THG, which will see Mode's solution being enabled on 30+ THG brands over the next 12 months, starting from the end of Q3 2021. THG brands include Myprotein and Lookfantastic.

About Mode:

Mode is an LSE-listed fintech company on a mission to build the world's most disruptive ecosystem where exchanging value and growing wealth is seamless for all.

You can visit the Mode Store at https://store.modeapp.com or learn more by visiting our customer/business site at www.modeapp.com, or our investor site at www.modeplc.com.

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Contact:

Maitland/AMO (PR): Kate Pledger [e-mail]

 

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