In a monumental stride towards revolutionizing the landscape for early-stage FinTech ventures globally, Fintech Sandbox has announced a significant expansion of its data access offerings.
In a monumental stride towards revolutionizing the landscape for early-stage FinTech ventures globally, Fintech Sandbox has announced a significant expansion of its data access offerings.
This nonprofit organization, renowned for its commitment to fostering innovation within the financial technology sector, is poised to welcome two new data partners, MT Newswires and Polygon, into its esteemed fold.
Additionally, the expansion encompasses the integration of fresh datasets from six existing partners, including Benzinga, Dow Jones, FactSet, Moody’s, Nasdaq Data Link, and Plaid, further amplifying support for startups enrolled in its Data Access Residency program.
Having been established a decade ago, Fintech Sandbox has consistently tackled the formidable challenges posed by exorbitant data costs and limited accessibility confronting FinTech startups. Kelly Fryer, the esteemed Executive Director of Fintech Sandbox, expressed her elation regarding the new alliances and extended profound gratitude toward existing partners for their unwavering support.
She remarked, “We are immensely thrilled to extend a warm welcome to our new data partners and extend our heartfelt appreciation to our existing collaborators, whose steadfast support fuels our mission. Together, we are propelling financial innovation, widening access to data, furnishing indispensable product infrastructure, and cultivating a community of trailblazing entrepreneurs poised to propel the industry and economy to new heights.”
The inclusion of MT Newswires and Polygon brings the total tally of dedicated data partners within the Fintech Sandbox ecosystem to an impressive 41.
These esteemed partners collectively offer their premium datasets at no cost to startups participating in the Data Access Residency, empowering them to spearhead cutting-edge financial innovations.
Brooks McFeely, the esteemed Founder and CEO of MT Newswires, emphasized the paramount importance of furnishing startups with real-time, multi-asset-class news to facilitate the development of next-generation applications and solutions.
Similarly, Jack Bell, the distinguished Head of Business Development at Polygon, reiterated their steadfast commitment to streamlining access and dismantling barriers hindering the creation of forward-thinking technologies.
MT Newswires is set to grant startups access to its esteemed Live Briefs Investor US & Canada dataset, covering thousands of listed securities and events across 90 news categories.
This invaluable service keeps investors informed of breaking news that could potentially impact their portfolios. Conversely, Polygon will offer data on US equities, options, indices, and currencies, including real-time values and historical information.
Since its inception in 2014, Fintech Sandbox has played a pivotal role in advancing financial innovation by providing free access to data, educational resources, and world-class facilities to promising FinTech entrepreneurs.
In 2023 alone, the organization welcomed 51 new startups from four continents, facilitated over 145 connections between startups and data partners, and expanded its footprint to three new countries: Albania, Ghana, and Kuwait. Fintech Sandbox remains steadfastly committed to cultivating a global community comprising entrepreneurs, industry luminaries, and investors united in their pursuit of innovation within the dynamic FinTech sphere.