Bitcoin News

Fintech expert Chris Skinner joins Mode’s Advisory board

UK-based Fintech group Mode has announced the acquisition of Chris Skinner, who will be joining the company’s advisory board with immediate effect.

Mode is a banking app with a focus on Bitcoin. It allows users to stake Bitcoin within the app to earn compounded weekly rewards.

Skinner’s appointment comes just days before Mode Fintech group is planning to IPO on the London Stock Exchange.

He joins Mode on the back of being well-known as an independent commentator on the financial markets and fintech through his blog and as author of many bestselling books, the latest of which is Doing Digital.

Skinner is also Chair of the European networking forum The Financial Services Club and Nordic Future Innovation.

He will advise the executive team on Mode’s business strategy, as it builds out its digital banking app and further develops its payments and loyalty business.

On his new role, Skinner said: “I’m excited by Mode’s proposition to transform analogue banking and payments ecosystems into a truly digital offering. Consumers and companies currently pay too high a price in terms of fees and frictions when they buy and sell goods and services. Integrating loyalty, payments

Jonathan Rowland, Executive Chairman at Mode, added: “We’re delighted to have Chris on board. His reputation in fintech and his innovative thinking will help us advance Mode’s mission to transition the world to a wholly digital financial system.”

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Oliver Knight

Londoner ‘Ollie’ graduated from Birmingham City University with a journalism degree in 2016. He combines his writing with his love of crypto and blockchain here at Coin Rivet, saying “It disrupts well-established institutions (banks) while giving an avenue to the less fortunate to achieve financial freedom.” Like all true Londoners, his pet hate is… “People standing on the left-hand side of the escalators on the Tube!”.

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