Change (company)
Change Group is an E.U.-based brokerage platform regulated in Amsterdam, the Netherlands.[1][2][3][4][5]
![]() | |
Type | Financial service |
---|---|
Founded | 2016 |
Headquarters | Estonia, Tallinn The Netherlands, Amsterdam |
Website | http://changeinvest.com/ |
History
Change was established in Singapore in 2016 by Kristjan Kangro, an Estonian technology entrepreneur and an investor, and Gustav Liblik.[6][7][8][9][10] Change secured its first angel investor in the beginning of the same year, Roger Crook (former CEO of DHL).[11][12][13]
In 2017, Change raised an additional $17.5 million through it first crowdfunding round.[14][15][16][17]
In 2018, Change moved its headquarters from Singapore to Tallinn, Estonia[18][19] and was named among the top fintech companies in Europe.[20]
In 2021 the company raised €3.7 crowdfunding round in 2021 that saw a buy-in from 50 private investors and Change was valued €175 million.[2][13][21]
The following year, Change opened an office in Singapore.[22]
In April 2023, Change raised €2 million from Andromeda Capital Partners Suisse.[23] In August 2023, Andromeda Capital acquired a 51% majority stake in Change Group.[24][25][26][27][28]
References
- vsaraogi (2021-06-15). "Crypto-based neobroker Change valued at $214m after closing oversubscribed crowdfund round". FinTech Global. Retrieved 2023-10-11.
- Tucker, Charlotte (2021-06-15). "Tallinn-based Change, a cryptocurrency investing platform for retail investors, closes €3.7 million crowdfund". EU-Startups. Retrieved 2023-10-11.
- "Megadiili katkemine: Eesti ettevõtja loobus 50 miljonist eurost". Eesti Ekspress (in Estonian). Retrieved 2023-10-11.
- "Eestlaste krüptoraha platvorm Change sai investoritelt 3,7 miljonit eurot". Äripäev (in Estonian). Retrieved 2023-10-11.
- "Swiss Private Equity Firm to Acquire Majority Stake in Estonian Fintech Change". Yahoo Finance. 2023-09-12. Retrieved 2023-10-11.
- "How low will bitcoin go? 'Crunch time' for cryptocurrency as analysts predict 2019 price". The Independent. 2018-12-13. Retrieved 2023-10-11.
- "Riding cryptocurrencies to become a major bank". CNBC. Retrieved 2023-10-11.
- "Kristjan Kangro - Fintech Finance". ffnews.com. Retrieved 2023-10-11.
- "Kristjan Kangro", Wikipedia, 2023-10-10, retrieved 2023-10-11
- Pullerits, Priit (2020-10-24). "Vennad, kes kaklesid, ehitavad nüüd ükssarvikuid". leht.postimees.ee. Retrieved 2023-10-11.
- "This Singapore blockchain startup wants to replace banks; has raised over US$15M in ICO to do so". theindependent.sg. 2017-10-13. Retrieved 2023-10-11.
- "Funderbeam". www.funderbeam.com. Retrieved 2023-10-11.
- "Tallinn-based crypto investment platform Change closes €3.7 million crowdfunding round, now valued at €175 million". Tech.eu. 2021-06-15. Retrieved 2023-10-11.
- andero (2018-07-02). "Estonia is striving to be center stage in cryptocurrencies and blockchain". Invest in Estonia. Retrieved 2023-10-11.
- "Change gets USD 17.5 million from community to create bank of the future". thepaypers.com. Retrieved 2023-10-11.
- "Eestlased ehitavad maailma suurimat krüptopanka". Äripäev (in Estonian). Retrieved 2023-10-11.
- Sainul. "Singapore's community-led crypto-fintech startup Change raises US$17.5M via tokens sale". e27. Retrieved 2023-10-11.
- "Ettevõtja üldandmed". mtr.ttja.ee. Retrieved 2023-10-11.
- "Change'i osakuga toimus split". Äripäev (in Estonian). Retrieved 2023-10-11.
- ""Singapuri maffia" poisid tegid Kagu-Aasiast omale kasu-Aasia". Äripäev (in Estonian). Retrieved 2023-10-11.
- "Estonian founded fintech Change secures €2 million to further expand crypto investment app". Tech.eu. 2023-04-07. Retrieved 2023-10-11.
- Taremäe, Liisi (2022-06-14). "Change changes the way you buy and sell assets". Invest in Estonia. Retrieved 2023-10-11.
- "Krüptoidu Change kaasas 2 miljonit eurot". 7 March 2023.
- "Change libises Kristjan Kangro käest uuele suuromanikule. Investor: mõru tunne on!". Äripäev (in Estonian). Retrieved 2023-10-11.
- "Swiss-based firm Andromeda Capital buys majority stake in Change Group". Tech.eu. 2023-08-22. Retrieved 2023-10-11.
- Marzo, Stefano De (2023-08-23). "Amsterdam-based fintech Change sells majority stake to Swiss private equity firm Andromeda Capital". EU-Startups. Retrieved 2023-10-11.
- "Swiss private equity firm Andromeda Capital Partners Suisse AG acquires majority stake in Amsterdam's Change Group | Silicon Canals". 2023-08-22. Retrieved 2023-10-11.
- "Dutch-Estonian fintech Change is acquired by Andromeda Capital". AIN.Capital. Retrieved 2023-10-11.
- "Eesti krüptoekspert: tervitame Suurbritannia otsust tuntud krüptoplatvorm kinni panna, sest nad vilistavad kõikidele Euroopa seadustele". Ärileht (in Estonian). Retrieved 2023-10-11.