• Finextra
• 26 Feb, 2021

LSE-listed fintech Mode has raised £6 million in fresh capital on an oversubscribed placement of 10,909,091 new ordinary shares at a price of £0.55p each. Established by Jonathan Rowland, co-founder and director of UK challenger Redwood Bank, Mode is one of the first companies with a consumer-facing bitcoin offering to list on the LSE Main Market. The Mode app enables users to buy, sell and hold sterling and euro, as well as bitcoin. The company raised £7.5 million from its London listing in Oct
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