OtherPay joins Change Financial and Fintech Actuator's Prepaid Incubator Program
OtherPay is pioneering safer shopping and stronger authentication with unique payment card and mobile integrated solutions.
Change Financial and Fintech Actuator partnered with Mastercard in August 2024 to launch an incubator program to support innovation - turning bold ideas into reality.
May, 21 2025: Brisbane-based fintech, Change Financial, has today announced OtherPay as the latest participant in its Prepaid Incubator program. OtherPay is a fast-growing fintech platform revolutionising electronic payments and consumer authentication.
Focused on ending purchase and identity fraud, OtherPay aims to bridge the gap between traditional banking and the evolving needs of modern consumers. By participating in the incubator, OtherPay will introduce prepaid card functionality into its platform, enhancing its offering with new tools and features for purchase and identity protection.
Simon Hewitt, Chief Executive & Innovations Officer at OtherPay said “We're proud to be part of the program and to work alongside Change Financial and Fintech Actuator. This collaboration provides us with a valuable opportunity to accelerate the development and launch of our unique payment card features where we believe that innovation meets common sense and where both purchase and identity fraud can be prevented.”
Tim Boucaut, CEO, of Fintech Actuator commented: “OtherPay is building a solution with the potential to put an end to purchase and identity fraud. We're excited to support their journey and bring their innovation to market through this program.”
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 OtherPay 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
