Mode appoints Jose Sanchez Loureda as CTO of Bitcoin app

Rick Steves

Mode appointed Jose Sanchez Loureda as Chief Technology Officer, responsible for helping the firm enhance its tech offering, notably driving product innovation, and understanding customer and merchant needs via data-driven insights. Jose Sanchez Loureda joins Mode from The Crown Estate, where he was Chief Data and Analytics Officer, leading transformation, encompassing people, technology, governance and […]

Mode appointed Jose Sanchez Loureda as Chief Technology Officer, responsible for helping the firm enhance its tech offering, notably driving product innovation, and understanding customer and merchant needs via data-driven insights.

Jose Sanchez Loureda joins Mode from The Crown Estate, where he was Chief Data and Analytics Officer, leading

His wealth of experience includes a track record in scaling teams and delivering award-winning software products and services, with a particular focus on customer experience using cloud, emerging technologies, a coherent data strategy, and intelligent use of advanced analytics.

Prior to The Crown Estate, he was VP Data Science & ML Engineering at Carlson Wagonlit Travel, and played a number of tech roles for nearly six years at Sky.

Rita Liu, Chief Executive Officer at Mode, commented: “Jose’s appointment is another pivotal moment for Mode this year and further strengthens our senior leadership team as we look to build on 2021’s success. He is a leading expert in his field with a wealth of experience both commercially and academically. I am confident Jose’s appointment will help turbo-charge our development and enable more intuitive interactions with businesses and consumers alike, while providing us with better data-driven insights. The calibre of Jose’s hire demonstrates that Mode is on the up and we look forward to working closely with him.”

Jose Sanchez Loureda, Chief Technology Officer at Mode, said: “Mode is unique thanks to its proposition, FCA registration, and how it interacts with both businesses and consumers. Its expertise in the crypto space, product offering and innovative mindset is really exciting, and I look forward to playing my part in achieving our business ambitions. It’s an exciting time in terms of company growth, so I’m delighted to join the team and get going.”

Mode launched Bitcoin payroll feature

The FCA-registered Bitcoin app has recently launched a payroll feature for UK firms. Mode partnered with payroll platform Lano in order to enable the firm’s clients to pay their UK employees a portion of their salary in Bitcoin.

The solution allows businesses worldwide to hire, manage and pay talent from across the globe, reducing the complexity of global employment and payroll in more than 150 countries.

Mode’s crypto payroll offering allows UK-based salary recipients to put a portion of their income into Bitcoin on a regular basis, offering greater access to the world’s most popular digital asset.

Demand across employers and employees for more flexible working arrangements has increased. Receiving a portion of salary in Bitcoin is one way to go about it as employees and employers reimagine the way they earn, diversify, save, and spend.

Mode is a London Stock Exchange Main Market listed and FCA-registered firm. Due to its listing and regulatory position, employees who opt-in to receive part of their salary in Bitcoin get their tokens delivered securely in their Mode Wallet, with confidence that they are involved with an FCA-registered business and the hallmarks of credibility that denotes.

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