Change Financial Solutions

What Change Financial Solutions does

Change Financial Solutions is a Pretoria-based, privately-held treasury management and financial market risk management advisory firm founded in 2009 and operating under an FSB Financial Services Provider licence (FSP #40164). The firm delivers a single integrated suite of services covering foreign exchange risk management, interest rate risk management, commodity price risk management, and liquidity/cash management, structured around three client segments: corporate entities (primary), SME importers/exporters, and private individuals. Its service architecture combines front-, middle-, and back-office treasury functions, including independent advisory, transaction execution, settlement support (without client fund custody), policy and control design, and reporting.

The operational backbone is a proprietary Treasury Management System platform that provides clients with online access to exposure reports, transaction reports, and cash flow reports, alongside daily treasury position reporting and bank reconciliations completed within 24 hours. The platform integrates with client banks via an electronic interface and aggregates live market data from IFC Markets. The firm deliberately operates as an independent intermediary across all banks rather than as a captive distribution arm of any single institution, which underpins its value proposition of objective, conflict-free advice. Segregation of duties is enforced — the firm advises, executes, and confirms transactions but does not settle, account for, or take custody of client funds.

The business is a sales-led professional services model targeting enterprises, mid-market SMEs, and individual clients through direct engagement rather than marketing-driven demand generation. The team comprises five named professionals with deep combined banking and corporate treasury pedigree (cumulatively ~95+ years of experience across advisory, dealing, operations, compliance, and exchange control). Revenue mechanics are not publicly disclosed; pricing is bespoke and tailored per client, and no public pricing schedule or revenue figures are available. The firm is privately held with no disclosed institutional investors, subsidiaries, or M&A activity, and operates exclusively within South Africa despite servicing cross-border transactions on behalf of clients.

Name

Change Financial Solutions

Legal name

Change Financial Services

Website

https://changefs.co.za

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Change Financial Solutions is a Pretoria-based, FSB-licensed boutique advisory firm providing treasury management and financial market risk management services — covering FX, interest rate, commodity, and liquidity risk — to South African corporates, SME importers/exporters, and private individuals.

Ownership category

akta.pro rank

NAICS

Investment Banking and Securities Intermediation (523150)

SIC

Finance Services (6199)

akta.pro industry

PRIMARYFSABAIAE

Treasury & Risk Management Solutions (FX/MM, hedging, TMS integration)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Transaction Banking (Cash Management & Treasury Services)

SECONDARYFSAMAOAA

Corporate Cash Management & Treasury Services

Financial & Insurance/Payments & Transaction Processing/Cash Management, Cash-in/Cash-out & ATM Services

SECONDARYFSAGALAG

Embedded FX & Cross-Border Treasury

Financial & Insurance/Financial Technology (Fintech)/Embedded Finance & Banking-as-a-Service (BaaS)

Keywords

• Treasury management services
• Foreign exchange risk
• Corporate treasury advisory
• Financial market risk
• Commodity price hedging

Headquarters

HQ city

Pretoria

HQ country

South Africa

HQ region

Africa

Offices1 record

Markets served

Revenue model

1. Treasury Management Services: Full treasury management and financial market risk management services provided to corporate entities, SMEs, and private individuals. Services include foreign exchange risk management, interest rate risk management, commodity price management, liquidity/cash management, and treasury operations support.

Go-to-market motion1 record

Distribution channels3 records

Core offering

Change Financial Solutions provides outsourced treasury management and financial market risk management services to corporate entities, SME importers/exporters, and private individuals in South Africa. Core capabilities cover foreign exchange risk management, interest rate risk management, commodity price risk management, and liquidity/cash management, supported by an in-house Treasury Management System with online client access for reporting and transaction control. The firm acts as an independent intermediary — advising on and executing transactions without taking custody of client funds.

Product overview

Change Financial Solutions is a treasury management and financial market risk management firm offering a single, integrated suite of services across three client segments: Corporate Entities, SMEs (Importers/Exporters), and Private Individuals. The core offering is the Full Corporate Treasury Management service, which bundles together four sub-product modules — Treasury Risk Advice and Management, Liquidity (Cash) Management, and Treasury Management Operations — supported by a proprietary Treasury Management System platform. SME clients receive a tailored subset of these services focused on exchange rate and commodity risk, while private individuals receive cross-border fund conversion and execution services. All segments are supported by the same Treasury Management System for reporting and monitoring.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Deal confirmations and bank reconciliations completed within 24 hours of transacting
• +1 more outcomes

Segments3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• OFX: Global cross-border payments and FX hedging company serving SMEs, individuals, and corporates; overlaps with Change FS's cross-border fund conversion and execution services for private individuals and SME clients.
• Chatham Financial: Global independent advisory firm specializing in interest rate, currency, and commodity hedging for mid-market and corporate clients — directly comparable to Change FS's risk advisory and financial market risk management services.
• Convera: Cross-border payments and FX risk management provider serving SMEs, corporates, and individuals — strongly comparable to Change FS's SME importer/exporter and private individual FX offerings.
• TreasuryOne: South Africa-based independent corporate treasury services provider offering outsourced treasury, FX and interest rate risk management, and TMS solutions to corporates — directly overlapping Change FS's corporate treasury offering.
• Moneycorp: UK-based FX, payments, and currency risk management specialist serving corporates and private clients — comparable business model to Change FS's independent FX/treasury advisory services.
• Sable International: South Africa-focused FX and emigration advisory firm serving individuals with international transfers, investments, and repatriation services — directly comparable to Change FS's private individual cross-border offering.
• Global Foreign Exchange (Gfx): South African FX and treasury services firm providing cross-border payments, FX risk management, and treasury outsourcing to corporates and individuals — comparable core offering and customer base to Change FS.

Broad incumbents

• Finastra: Major fintech vendor of corporate Treasury Management System platforms (e.g., Fusion Treasury) used by banks and large corporates — comparable TMS layer to Change FS's proprietary system, but at much larger scale and broader scope.
• EY-Parthenon Treasury Consulting (EY Africa): Big 4 advisory providing treasury transformation, risk management consulting, and corporate treasury strategy services in South Africa — broadly comparable treasury risk advisory services with broader international footprint.
• KPMG Treasury Advisory (KPMG Africa): Big 4 advisory practice offering treasury consulting, FX/interest rate risk advisory, and TMS implementation — broadly comparable treasury advisory services at greater scale and with multinational reach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/changefs
• LinkedInlinkedin.com/company/change-financial-solutions

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Change Financial Solutions