NEW YORK, Oct. 2, 2017 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Change Financial Ltd. (ASX: CCA; OTCQX: CNGFF), Australia's only listed digital banking platform, has qualified to trade on the OTCQX® Best Market. Change Financial upgraded to OTCQX from the Pink® market.
Change Financial begins trading today on OTCQX under the symbol "CNGFF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Trading on OTCQX will enable Change Financial to efficiently build visibility, expand access to its news and financial disclosure and provide a more transparent trading market for its U.S. investors," said Jason Paltrowitz, Executive Vice President of OTC Markets Group. "We look forward to supporting Change Financial and its shareholders."
"We are thrilled to commence trading on the OTCQX Best Market. As a company listed on the Australian Securities Exchange (ASX: CCA), but 100% operational in the US, it makes perfect sense for us to have more effective exposure to U.S. investors," said Ash Shilkin, Managing Director & CEO of Change Financial. "We look forwarding to welcoming new investors into our high growth stock."
Change Financial was sponsored for OTCQX by Burns Figa & Will PC, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About Change Financial Limited.
Change Financial Limited (OTCQX: CNGFF, ASX: CCA) is an award winning FinTech banking software provider, dual trading on the Australian Securities Exchange and the US OTCQX.
Via Change Financial's 'ChimpChange Mobile Banking' brand, the Company offers consumers Award Winning secure, low-cost, feature-rich bank accounts. Based in Los Angeles, California, ChimpChange delivers a better way to bank with two key value propositions to customers.
Firstly, it makes free retail banking available to tens of millions of Americans who typically pay monthly fees and overdraft fees to have a bank account. Secondly, the Company provides money management tools to help customers better understand how they spend their money, and save their money. The Company also offers real-time mobile cheque deposit and instant person to person payments. All funds on deposit are held with a federally regulated FDIC-insured bank in the USA.
Change Financial is also developing MasterCard Certified processing capabilities to support Enterprise level SaaS banking services to a wide audience of US banks and commercial enterprises. The Enterprise software will be available for public deployment in 2018.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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SOURCE OTC Markets Group Inc.