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