Change Financial Ltd
Change Financial Limited is an Australia-based global fintech company.
The business
Change Financial Limited is an Australia-based global fintech company. The Company leverages scalable technology to provide payment solutions, card issuing and testing to banks and fintechs. Its principal activity includes commercialization and ongoing development of its payments management platform and payment testing solution. Its core products include Vertexon Payments as a Service (PaaS) and PaySim. Vertexon (PaaS) integrates with the core systems of banks and fintechs, enabling the delivery of physical, digital, and virtual card solutions to their customers. It includes integrated features such as Apple Pay, Google Pay, Samsung Pay and Buy Now Pay Later (BNPL) services. PaySim is a payment testing solution, which enables banks and fintechs to complete end-to-end testing of their payment platforms and processes from a desktop. It also provides the default standard for payments testing for many Australian companies, including Australia’s domestic card payment service eftpos.
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Latest news
Change Financial Delivers 21% Revenue Growth on Continued PaaS Platform Scale
Change Financial posts FY26 revenue of A$26.0m (+21%), powered by Vertexon PaaS; EBITDA A$4.7m; debt-free with A$4.4m cash.
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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 […]
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