Change Financial Limited is a global fintech company specializing in providing scalable payment solutions, card issuing, and payment system testing to banks and fintechs primarily across Southeast Asia, Oceania, and Latin America. The company's core products include the Vertexon Payments as a Service (PaaS) platform, which enables clients to issue prepaid, debit, and credit cards; digital payment and wallet solutions including integration with Apple Pay and Google Pay; and Buy Now Pay Later (BNPL) features that operate on major payment networks without third-party partnerships. Additionally, Change Financial offers PaySim, a payment testing solution designed to ensure clients meet reliability and performance standards. Founded in 2000 and headquartered in Brisbane, Australia, the company serves over 150 clients in more than 40 countries.
Recent major changes include significant revenue growth reported in H1 FY25 with a 61% increase to US$7.2 million, driven by expansion of card issuing operations, notably becoming the largest non-bank issuer of debit cards in New Zealand with over 66,000 active cards using its Vertexon platform. The company has strengthened its leadership team by appointing experienced fintech executives and expanding its sales team to support strategic business development. Change Financial continues to integrate and develop its consumer, enterprise, and blockchain capabilities, aiming to deliver innovative and cost-effective mobile banking and payment services tailored to banks and fintechs globally. These strategic developments position Change Financial for continued growth and profitable operations in the competitive fintech landscape.