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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Financial Services

Mode Global launches payments and rewards solution on iOS devices

The company said iOS customers will now have access to the same features as its Android users, including frictionless payments and instant Bitcoin cashback

Mode Global Holdings PLC (LSE:MODE, FRA:MOC) said its payment and rewards solution has launched on iOS devices in a Public BETA today.

The company, whose app allows users to invest in and hold Bitcoin as well as make payments in the digital currency, said iOS customers will now have access to the same features as its Android users, including frictionless payments and instant Bitcoin cashback.

READ: Mode Global inks contract with THG for bitcoin cashback app

Customers will also be able to try out the new app features via Mode's recently-launched merchandise store, which has its payments solution integrated at checkout.

Meanwhile, Mode said starting from the end of the quarter, all customers will be able to start using the app to shop at THG, which boasts 30+ brands including LookFantastic and MyProtein, following its recent partnership announcement.

"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", Mode chief executive Ryan Moore said in a statement.

Shares in Mode surged 11% to 48p in late afternoon trading on Monday.

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