Change Financial Ltd (ASX:CCA) has raised funds to accelerate growth
Change Financial Limited has raised US$4.65 million to accelerate growth via a sole placement to successful fintech entrepreneur Michael H. Giles.
Change Financial Limited is a global fintech, leveraging innovative and scalable technology to provide tailored payment solutions, card issuing and testing to banks and fintechs. Change’s technology is used by over 156 clients across 41 countries to deliver simple, flexible and fast-to-market payment services.
Oaklins’ team in Australia acted as corporate advisor to Change and is the second capital raise the team has advised them on in the last nine months. The successful transaction provides a further example of Oaklins’ ability to partner with exciting growth companies, particularly within the financial services sector.
Talk to the deal team
Related deals
Xeros Technology Group has completed a placing, subscription and retail offer
Xeros Technology Group plc has raised funds to drive forward its commercialization strategy.
Learn morePerkbox has been acquired by Great Hill Partners
Molten Ventures has sold Perkbox to Great Hill Partners.
Learn moreArculus Cyber Security has been acquired by Bridewell
The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.
Learn more