Change Financial: Launches first customer on payments platform

Change Financial: Launches first customer on payments platform

• Change Financial (CCA) has launched its first platform customer, UpChange, on its payments and card issuing platform
• The platform allows banks and businesses to develop innovative payment solutions under their own brand
• Customers will receive their UpChange Mastercard-branded cards in the mail in the next two weeks
• Change will earn its first revenues from the platform this quarter
• As part of a previously announced capital raise, Change’s sponsor bank, Central Bank of Kansas City, has invested US$250,000
• Company shares are down 3.17 per cent and are trading for 6.1 cents each