FinTech Sandbox, a nonprofit that helps FinTech startups access data and build great products, today announced that Experian, a leading global information services company, will make its business credit data available to Sandbox residents. By leveraging Experian’s business data, residents will be able to further their innovation process to create new services for the financial services industry.
“New startups in the FinTech community have helped create an explosion of innovation in the financial services sector, and Experian is happy to be part of it,” opined Mark Dinicola, Senior Director of Strategic Alliances for Experian. “At Experian, we are committed to supporting small businesses, promoting innovation and leveraging business insight for the benefit of our clients and the industry. Our relationship with FinTech Sandbox gives us the chance to participate in the innovation process and help inspire small business success.”
FinTech Sandbox facilitates free access to financial data and infrastructure for highly qualified FinTech startups. FinTech Sandbox takes no fees and requires no equity from startups that participate. Residents are expected to collaborate with each other in order to share learning and promote advances that benefit the entire FinTech ecosystem. The six-month program includes:
- A robust set of data feeds and APIs from a wide array of data partners
- Cloud hosting from industry-leading infrastructure partners
- Learning, networking and collaboration opportunities in a dynamic FinTech community
“We are very excited to work with Experian,” said Jean Donnelly, Executive Director of FinTech Sandbox. “Experian is often named one of the most innovative and forward thinking companies in the world, so it’s no surprise to see them supporting innovation among FinTech startups.”