Mode launches payments and rewards solution on iOS

RNS Announcement

RNS Number : 4806G

Mode Global Holdings PLC

26 July 2021

Mode Global Holdings PLC

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

Mode launches payments and rewards solution on iOS

Mode Global Holdings PLC ("LSE:MODE") announces that its payments and rewards solution is launching on iOS devices in Public BETA today. The news will see iOS customers have access to the same features as our Android customers, including 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. Starting from the end of this quarter, all Mode customers will be able to start using Mode to shop at THG brands, which boasts 30+ brands including LookFantastic and MyProtein, following its recent partnership announcement with THG plc.

Ryan Moore, CEO of Mode, said: "The past few months have been very exciting for Mode, with our BETA launch on Android and our announcement that we will be launching with THG starting from the end of Q3. To add to that excitement, I'm delighted to be rolling out our payments solution to iOS, a critical step in our expansion and growth strategy. This is a key delivery milestone for the team and an important step in building a product that addresses chronic pain points in the way people pay and grow their wealth."

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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. Mode is leveraging the power of Bitcoin and Open Banking to deliver on this mission and offer people a one-stop app for growing wealth and spending smarter, as well as provide businesses with a cheaper, safer and smarter wa y of accepting payments than card payments and boosting loyalty amongst customers.

To learn more visit our customer/business site at www.modeapp.com or our investor site at www.modeplc.com.

Contact:

Maitland/AMO (PR): Kate Pledger [email protected]

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RNS metadata

Title: Mode launches payments and rewards solution on iOS
Time: 13:29:52
Date: 26 Jul 2021
Category: Corporate updates
ID: 4806G