No products in the cart.
- Latest
- Trending
ADVERTISEMENT
Mode Global Holdings, a financial technology group listed on the LSE, today announced its 2021 financial results. The company’s trading volume increased significantly as it increased 732% year-on-year. Revenues for the reported period were 1,313 million, compared to 450,000 in 2020.
The number of users in 2021 surged 261%. Mode’s clients had an average Bitcoin balance of 1,330 over the last period. In 2022, fintech companies plan to increase the number of app users.
“2021 was a big year for Mode. Our goal was to expand our user base and provide the products they wanted. Simply put, what we were trying to do. Mode is rare in LSE. It is a crypto-driven fintech that is overseen by regulations through EMI and FCA registrations. These certifications lead us to the UK digital asset industry. That’s what we’re doing, “commented Mode CEO Rita Liu.
The prudent and sustainable approach we took from the beginning will also help companies overcome current market volatility, thanks to a powerful risk management framework. Clearly, 2021 is innovation and development. It’s a year of growth, and we will continue to strengthen this momentum in 2022, “added Liu.
In an official press release, Mode stated that the company aims to increase revenue in 2022. Jonathan Rowland, Chairman of Mode Global Holdings, believes the company is in a good position to take advantage of the next wave of cryptocurrency adoption.
These results are very satisfying. The focus of 2021 was on product development and growth. The implementation of these ambitious growth plans increased operating costs in 2021 with advertising. The combination of hiring more talent and costs related to the list increased these as expected, but the increase in revenue we are reporting is compelling for our proposal. It’s a clear indication that it’s a thing, “says Roland.
Mode Global Holdings, a financial technology group listed on the LSE, today announced its 2021 financial results. The company’s trading volume increased significantly as it increased 732% year-on-year. Revenues for the reported period were 1,313 million, compared to 450,000 in 2020.
The number of users in 2021 surged 261%. Mode’s clients had an average Bitcoin balance of 1,330 over the last period. In 2022, fintech companies plan to increase the number of app users.
“2021 was a big year for Mode. Our goal was to expand our user base and provide the products they wanted. Simply put, what we were trying to do. Mode is rare in LSE. It is a crypto-driven fintech that is overseen by regulations through EMI and FCA registrations. These certifications lead us to the UK digital asset industry. That’s what we’re doing, “commented Mode CEO Rita Liu.
The prudent and sustainable approach we took from the beginning will also help companies overcome current market volatility, thanks to a powerful risk management framework. Clearly, 2021 is innovation and development. It’s a year of growth, and we will continue to strengthen this momentum in 2022, “added Liu.
In an official press release, Mode stated that the company aims to increase revenue in 2022. Jonathan Rowland, Chairman of Mode Global Holdings, believes the company is in a good position to take advantage of the next wave of cryptocurrency adoption.
These results are very satisfying. The focus of 2021 was on product development and growth. The implementation of these ambitious growth plans increased operating costs in 2021 with advertising. The combination of hiring more talent and costs related to the list increased these as expected, but the increase in revenue we are reporting is compelling for our proposal. It’s a clear indication that it’s a thing, “says Roland.
