R8 Capital Investments plc is a United Kingdom-based fintech company focused on financial technology and digital asset services. The company offers its flagship product, the Mode app, which integrates mobile banking with Bitcoin services, allowing users to buy, hold, and spend Bitcoin seamlessly, positioning itself at the intersection of traditional finance and digital currencies. R8 Capital also provides services related to digital asset custody, payments, and investment solutions aimed at retail and institutional clients. Founded in 2020 and headquartered in London, the company operates primarily in the UK market and is the parent company of several subsidiaries including Mode Global Limited, JGOO Limited, Fibermode Limited, Greyfoxx Ltd, and Fibere Limited.
Recently, R8 Capital Investments has undergone notable strategic shifts including the ceasing of customer operations for some subsidiaries such as Fibermode Ltd, JGOO Ltd, and Greyfoxx Ltd due to adverse market conditions in the crypto sector following the collapse of FTX, leading the company to discontinue its use of its EMI license as of early 2023. In 2023, the company entered a heads of terms agreement to acquire Redwood Financial Partners Limited, the parent of Redwood Bank Ltd, but subsequently cancelled the proposed acquisition by December 2024. The company is actively considering alternative acquisition opportunities and fundraising options to support its growth and has applied to restore trading of its shares on the London Stock Exchange's Main Market after suspension in late 2023. R8 Capital is focused on building the UK’s first super app powered by open banking, aiming to leverage digitalization and data technology to redefine merchant and consumer financial interactions.