Change Invest

Change Invest, established in 2016 by Kristjan Kangro and Gustav Liblik, operates as a financial services platform targeting retail investors. The company's genesis stems from Kangro's personal experiences with the complexities and high fees associated with traditional banking and investment, which fueled his ambition to create a more accessible and simplified financial system.

The core of Change Invest's offering is a mobile application that provides commission-free trading of a diverse range of assets, including cryptocurrencies, stocks, and derivatives. This positions the company within the competitive fintech and retail investment market, catering to a new generation of investors seeking user-friendly, low-cost alternatives to incumbent financial institutions. The business model is primarily centered on earning revenue through spreads on cryptocurrency trades and payment processing fees, rather than charging direct commissions on stock trades.

Throughout its history, Change Invest has achieved several key milestones. A significant early achievement was securing a €13.2 million investment from a community of 7,000 of its own users, underscoring strong customer loyalty and belief in the company's vision. By 2021, the company reported having over 125,000 verified customers and had facilitated over €1 billion in trades on its platform. These figures indicate a solid market penetration and a scalable operational infrastructure. The platform aims to serve as a comprehensive financial hub, allowing users to invest, save, and manage their finances from a single application.

Keywords: cryptocurrency, stock trading, fintech, retail investment, commission-free, financial services, mobile finance, investment app, derivatives trading, wealth management