Change completes $17.5m fundraising round
Written by Anthony Strzalek
Singapore-based FinTech outfit Change has announced the completion of a $17.5 million crowdfunded investment round.
The funds raised will be allocated to the product development of their upcoming digital wallet, banking card and mobile app. Customers will have the ability to manage all of their finances - both cryptocurrency and fiat – completely from their mobile devices.
The Change card will enable users to make purchases in millions of online and offline locations worldwide, making use of state-of-the-art technology to ensure maximum protection of user data and transaction history.
In addition, Change has created a marketplace of financial services, allowing users to invest in automated stock portfolios, real estate, and peer-to-peer loans.
Kristjan Kangro, founder and CEO of Change, said: “Such a large investment has clearly shown us that there is an enormous appetite for an online banking service which is faster, simpler and more powerful.”