Mode Global Holdings PLC Mode appoints Jonathan Conway as CTO (4110R)
March 08 2021 - 2:00AM
UK Regulatory
TIDMMODE
RNS Number : 4110R
Mode Global Holdings PLC
08 March 2021
Mode Global Holdings PLC
Mode appoints Jonathan Conway as Chief Technology Officer
Mode Global Holdings PLC ("LSE:MODE"), the LSE-listed Fintech
Group, is pleased to announce the appointment of Jonathan Conway as
Chief Technology Officer. Jonathan brings a combination of
experience across fintech, payments, as well as Open Banking. He
co-authored the payments and security sections of the UK Open
Banking Specification which lays out an open standard that enables
account-to-account (A2A) payments, and a safe and secure way for
third parties to interact with customers' bank accounts. Prior to
joining Mode, Jonathan was an API and Payments Architect at
Mastercard and before that CTO at Open Banking payments startup,
Banked.
Jonathan's arrival at Mode coincides with a period of growth and
investment at the Group. Last month, Mode announced plans to launch
its novel payments and loyalty solution powered by Open Banking in
Q2 2021, providing merchants with an alternative to rising card
interchange fees and boosting loyalty amongst consumers. Mode
customers will soon be able to seamlessly manage their traditional
money and digital assets such as Bitcoin, make instant payments,
earn rewards in Bitcoin and receive personalised offers from
merchants, all from one app.
Mode has also reported record trading volumes and customer
growth for its Bitcoin app as the digital asset class hit new
levels of growth and mainstream adoption. Having successfully IPO'd
on the London Stock Exchange in October last year, Mode also became
the first UK plc to diversify its treasury holdings into Bitcoin as
part of a long-term strategy to protect investors' assets from
currency debasement.
Mode's Executive Chairman Jonathan Rowland said: "Jonathan
brings a wealth of experience in payments and Open Banking, a key
pillar of growth and innovation for Mode as we build out our new
suite of products and services. The skillset he brings coupled with
our expanding team of talent will be crucial to our ambition to
build, launch and grow our innovative payment solutions, the next
step in our mission to create an all-encompassing super app with
payments, loyalty and digital assets combined into one."
Mode 's Chief Technology Officer Jonathan Conway said: "I'm very
excited about joining a fintech innovator such as Mode that's
looking to democratise access to finance and specifically digital
assets, combined with Open Banking payments. Given my track record
in this area and knowing Mode's ambitions, I'm delighted to be a
part of this team and really look forward to helping the company to
realise its goals."
Ends
Contact
Maitland/AMO (PR): James Isola/Kate Pledger mode@maitland.co.uk
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