Change

★ Company Profile
Change is a fintech company founded in 2016 and headquartered in Tallinn, Estonia. The company, known as Change Invest (registration number: 14428150), was founded by Kristjan Kangro and Gustav Liblik with the aim of providing European users with easy, low-cost investment services through mobile applications. As of June 6, 2025, the public information did not disclose the details of its registered capital or shareholding structure. Key executives include co-founders Kristjan Kangro (CEO) and Gustav Liblik (COO), both of whom have fintech and startup experience. Information on the advisory team, membership of industry associations, and corporate structure is not publicly disclosed. Change's compliance statement requires users to comply with its terms of service and privacy policy, but does not mention specific financial regulatory details.

★ The business of regulating
information change is governed by the relevant laws and regulations of Estonia and the European Union. Its cryptoasset services are provided by xChange AS (registration number: 14428150), licensed under FVT000072 license and regulated by the Estonian Financial Intelligence Unit (FIU). The CFD trading service is provided by Change Securities B.V. (registration number: 50755854) and is regulated by the Dutch Financial Market Authority (AFM). Change operates in line with the EU legal framework with a focus on compliance and transparency.

★ TradingProductChange
Provide a variety of trading products, including:

• crypto assets: support the buying and selling of mainstream cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).

• Share CFDs: CFDs on shares of companies such as Apple, Tesla, etc. are offered (CFDs are a financial derivative that allows users to trade based on the price movement of an asset without holding the underlying asset).

• Index CFDs: Include CFDs on major market indices such as the S&P 500.

• Commodity CFDs: Support CFD trading on commodities such as gold.
  These products cover both crypto assets and traditional financial markets, providing users with a variety of investment options.

★ Trading SoftwareChange's
trading software is a mobile app that supports iOS and Android systems, and its main features include:

• asset management: Users can manage crypto assets and traditional assets through the app.

• Trade Execution: Instant trading and limit orders are supported (limit orders allow users to set a specific price to buy or sell).

• Payment features: Support for deposits and withdrawals in euros.
  The application is based on cloud computing technology, with high availability and security, and a simple user interface design for daily operations. As of June 6, 2025, no software version information is available for desktop or other platforms.

★ Customer Support
Change provides users with the following support services:

• Online Help Center: Contains FAQs and how-to guides.

• Email support: Users can contact the support team via email.

• Community support: Live assistance is available through Telegram groups.
  As of June 6, 2025, Change's customer support team aims for quick response and issue resolution to ensure a user experience.

★ Core Business & ServicesChange's
core business is to provide multi-asset investment services, and the main areas include:

crypto

• asset trading: allows users to buy and sell cryptocurrencies.

• CFD Trading: Offers CFD trading on stocks, indices and commodities.

• Passive Income: Generate additional income for users through staking services.
  It is primarily aimed at European retail investors, with an emphasis on low cost and ease of use. Change operates on a zero-commission model (for stock CFDs) and supports trading and clearing through a technology platform. As of June 6, 2025, its operating model is mobile-centric, and there is no information about institutional customer service.

★ Technical InfrastructureChange's
technical infrastructure is based on cloud computing and blockchain technology, and the main components include:

• cloud computing platform: supports high-concurrency transactions and data storage, Ensure system stability.

• Blockchain network: Used for transaction recording and verification of crypto assets.
  The platform uses a distributed architecture to enhance transaction security and transparency, and provides a user-friendly interface through a mobile app. As of June 6, 2025, specific technical details such as server locations or vendors are not disclosed.

★ Compliance & Risk SystemChange's
compliance and risk management system follows the regulatory requirements of Estonia and the Netherlands, and the main measures include:

• regulatory compliance: FIU and AFM compliant regulatory standards.

• Data privacy: Comply with the European Union's General Data Protection Regulation (GDPR) to ensure the security of user data.

• Risk management: Ensure business compliance and fund security through internal control and audit mechanisms.
  Its risk control system mainly serves user transactions and asset protection, and the specific implementation details are not disclosed in public information.

★ Market Positioning & Competitive Advantage
Change Positioned as a multi-asset investment platform in Europe, its competitive advantages include:

• low-cost trading: offers zero commission trading on stock CFDs, Reduce user costs.

• Multi-asset support: Covering crypto assets and traditional financial assets to meet diversified needs.

• User-friendly: The mobile app has a simple interface and is easy to operate.
  As of June 6, 2025, Change's business model focuses on technological innovation and user experience, primarily attracting young investors.

★ Customer Support & EnablementChange
supports and empowers customers by:

• educational resources: Provides investment fundamentals and market analysis content.

• Community Interaction: Share industry updates and answer user questions via social media.

• Transparent information: Regularly update the platform to ensure that users are aware of the latest developments.
  These services are designed to enhance the user experience and help investors better understand and use the platform.

★ Social Responsibility & ESG
Change has a practice in social responsibility and ESG (Environmental, Social and Governance):

• Financial Inclusion: Through low-cost services, Enabling more people to participate in financial markets.

• Sustainable development: Support the application of blockchain technology and promote the efficient use of resources.

• Transparent governance: Publicly disclose compliance information and fee structures.
  

★ Strategic Cooperation EcosystemChange
has established strategic partnerships with a number of institutions, including:

• financial institutions: Partnering with LHV Bank, Provision of banking services related to crypto assets.

• Technology Ventures: Partner with Interactive Brokers to expand global investment opportunities.
  These collaborations enhance Change's technical capabilities and range of services.

★ Financial
health change's financial data is not fully disclosed. According to Crunchbase, the company closed a crowdfunding round of $17 million in 2017 and a crowdfunding round of 3.7 million euros in 2021, valuing it at €175 million. Its revenue is mainly derived from transaction fees and service fees.

★ Future RoadmapChangeFuture
development plans include:

• Technical optimization: upgrade the functionality of the trading platform to improve the user experience.

• Market expansion: Plans to enter more European markets and serve global users.

• Product innovation: Launch new financial products to meet diverse needs.