Fintech firm Mode Global Holdings (LON: MODE) has joined the standard list and this will help to finance the launch of a payments service powered by Open Banking that would replace the need for cards.
Mode raised £7.5m in a placing at 50p a share. Trading commenced on 5 October. The share price has fallen back to 48.5p.
The company owns the Mode app, which is a digital banking app that enables users to manage assets in one place, and the JGOO payment processing company. Subsidiary Greyfoxx...
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