Change Financial Ltd
How to play the listed Bitcoin game
With Bitcoin – by far the dominant crypto – now worth a collective US$1 trillion, massive punts are being made on the currency by the likes of Blackrock, the world’s biggest fund manager. Having fetched US$380 apiece five years ago, Bitcoin last week hit the US$57,000 (A$74,000) level before retreating below US$50,000. But the normally […]
Change Financial wins bid to acquire Australian and NZ subsidiaries from fallen Wirecard AG empire
The aftermath of the Wirecard scandal is finally generating some green shoots of reconciliation after banking-as-a-service (BaaS) fintech company Change Financial (ASX: CCA) announced the planned acquisition of two Wirecard business units in New Zealand and Australia. The two companies, Wirecard NZ and Wirecard Australia, are subsidiaries of the German-based Wirecard AG – the payment […]
Change Financial completes payments and card issuing platform
Change Financial (ASX: CCA) has achieved a key milestone after announcing it has completed its namesake payments and card issuing platform, which allows banks and businesses to launch payment solutions under their own brands. The news sent Change’s share price sky-rocketing 188% to reach a high of $0.36 by early afternoon trade. Change has also […]
Change Financial looks to shake up the status quo for financial enterprise
US-based yet ASX-listed fintech company Change Financial (ASX: CCA) has announced three commercial deals to assist the growth of its enterprise division ahead of the full launch of its Software as a Service (SaaS) solution. The fintech newcomer has secured variously structured deals with Mastercard, Central Bank of Kansas City (CBKC) and Pulse, respectively. The […]