Vela Technologies #VELA – Investee Company Mode Global Holdings #MODE Completes Fundraising July 13, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

Further to the announcement of its 2021 Annual Results on 28 June 2022, Mode Global Holdings PLC (“Mode”), the LSE-listed fintech group is pleased to announce completion of its recent fundraising by way of the issue of convertible loan notes (“Loan Notes”) to existing and new investors for aggregate gross proceeds of £1,900,000.  Subsequent to publication of the 2021 Annual Results, certain directors of Mode also agreed to subscribe for Loan Notes for an aggregate…

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Vela Technologies #VELA – Investee company Mode Plc #MODE reports full year 2021 financial results June 28, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

London, June 27, 2022 – Mode Global Holdings PLC (LSE: MODE), the LSE-listed Fintech Group, has today released its full year financial results for 2021. The firm entered 2021 with a clear focus on building and enhancing its product set, whilst also increasing its user base, which it achieved successfully. Users grew by 261% over the 12 months, with 70% of trading customers being repeat buyers. Trading volume increased by 732% compared to the same…

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