Accountedfor joins Change Financial and Fintech Actuator's Prepaid Incubator Program.
Accountedfor.com.au delivers a complete business accountant service - in the palm of your hand.
Change Financial and Fintech Actuator partnered with Mastercard in August 2024 to launch an incubator program to support innovation - turning bold ideas into reality.
Brisbane-based global fintech, Change Financial, has today announced the next participant in their Prepaid Incubator program – Accountedfor, a platform redefining how professional services firms engage with clients and deliver integrated financial solutions.
Accountedfor is a modern financial services platform that empowers accounting and advisory firms to deliver streamlined, real-time financial services to their clients. With an emphasis on automation, transparency, and user experience, Accountedfor is pioneering the next generation of account practice management – including integrated spend control via prepaid card solutions.
David Thornton, Co-Founder of Accountedfor said “We're excited to be part of the Incubator program and work closely with Change Financial and Fintech Actuator. This partnership provides us with an opportunity to integrate prepaid card capabilities into our platform and deliver greater value and innovation to our clients.”
Tim Boucaut, CEO, Fintech Actuator commented: “Accountedfor brings a fresh perspective to the professional services space, and their vision aligns perfectly with our goal of supporting emerging FinTech’s. We're thrilled to partner with them to help bring their solution to market.”
In this alliance, Change Financial will issue Mastercard prepaid cards, with Fintech Actuator managing the program, aiding FinTechs with comprehensive guidance from onboarding to design and execution.
The incubator program, which launched last year, saw Change Financial and Mastercard create an environment that empowers emerging FinTechs to innovate by running small scale prepaid card solutions to test their products in market, without the cost and extensive processes involved in launching their own custom card programs.
Each program runs for a period of six to nine months, providing continuous support and guidance to the participating FinTechs.
“This innovative incubator program was crafted with a vision to accelerate the growth and innovation of Australian FinTechs, ensuring they have the necessary tools and support to navigate through the initial stages of development and market testing. This latest partnership with Accountedfor is this vision in action” said Tony Sheehan, Chief Executive Officer of Change Financial.
About Change Financial Limited (ASX: CCA)
Change Financial (Change) is an experienced global fintech, listed on the Australian Securities Exchange (ASX), providing tailored payment solutions, card issuing and testing to banks and FinTechs. Partnering with over 150 clients across 40 countries, Change delivers simple, flexible, and fast-to-market payment solutions.
Managing and processing over 30 million credit, debit, and prepaid cards worldwide, Change also provides the default standard for payment testing for many Australian companies, including Australia’s domestic card payment service EFTPOS. Learn more about Change at www.changefinancial.com
About Fintech Actuator
Fintech Actuator is the go-to destination for startups, innovators and entrepreneurs looking to validate their ideas. We offer an affordable card payment platform leveraging Mastercard prepaid debit cards on a live payment platform. We are dedicated to supporting innovative solutions and working with industry leaders.
Fintech Actuator acts as a program manager and provides an 'in a box' prepaid card payment platform. Learn more about Fintech Actuator at www.fintechactuator.com