UK FinTech Mode is said to be planning to float on the London Stock Exchange, raising £7.5m in the process.
On the back of the raise, Mode is hoping to continue on its path towards creating an app where users can manage their money – whether those are in sterling euros or bitcoin – and do everything from managing loyalty schemes, make payments, do banking and manage digital assets.
The proceeds from the initial public offering will go towards further development of the company’s technology.
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