UK-headquartered cryptocurrency firm Mode has appointed ex- Alipay UK CEO Rita Liu to serve as the company’s Chief Executive.
For more than 1o years, Liu has held key leadership roles at Fintech firm Alipay in Asia, the US, Canada and was CEO in the UK prior to joining Mode back in March 2020 as Chief Commercial Officer.
In her latest role, Liu will mainly be responsible for driving Mode forward as the company aims to offer a comprehensive app for clients to shop, earn and increase their Bitcoin holdings.
Liu stated:
“Our vision is for Mode to become the UK’s first regulated crypto super app. By harnessing the power of Web3 and our unique regulatory position, I firmly believe we are better positioned than anyone else in the UK to help people pay, earn, save, and get paid in crypto all in one place. We can also help businesses to accept payment, and reward customers, in both crypto tokens and fiat currencies.”
In addition, Mode’s CTO Jonathan Conway has been appointed to the board with immediate effect, underlining the firm’s sharp focus on providing a streamlined and intuitive app experience.
Mode has also entered an agreement with financial services company Marex Group, which will assist with the business operations.
Liu added:
“Our team has extensive experience both in ‘traditional’ fintech and crypto, which enables us to build the business with a focus on regulation and security and a passion for bringing innovative Web3 technology to our customers. It’s a hugely exciting time and I can’t wait to turn that vision into reality along with my colleagues at Mode.”
Jonathan Rowland, Chairman at Mode said:
“The appointment of Rita as CEO and Jonathan to the board is part of the next exciting phase of growth for Mode. Rita is an influential figure in fintech with a clear vision for the future and the credentials and expertise to deliver. Likewise, Jonathan’s years of technology experience also allows Mode to be at the forefront of technological innovation. His appointment to the board underlines the undoubted importance we place on tech capability.”