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
