Boston-based fintech and investment analytics firm, FinMason, announced on Tuesday it has partnered with non-profit accelerator Fintech Sandbox to provide its enterprise solution, FinRiver, to participates in the program.
Fintech Sandbox notably offers data from 30 data partners, infrastructure from three partners, and collaborates with 11 accelerator programs. More than 85 startups from around the world have been accepted as residents in the two years since the accelerator launched. Early participants include Kensho, Quantopian, and Elsen. The Sandbox doesn’t charge fees or ask for equity from residents. Instead, residents are expected to collaborate with each other to share learning and promote advances that benefit the entire fintech ecosystem. The six-month program includes:
- Access to a set of data feeds and APIs from a wide array of data providers
- Cloud hosting from industry-leading infrastructure partner AWS
- A commitment to give back to the fintech community, including non-proprietary code and API contributions to shared GitHub repository to advance innovation
- Learning, networking, and collaboration opportunities in a dynamic fintech community
- Demo days that offer startups the opportunity to showcase their products for a live, highly-qualified audience
Jean Donnelly, Executive Director of FinTech Sandbox, discussed the partnership and the data that will be provided to the participants:
“Analytics is an essential building block for startups developing a quality financial technology product. FinMason has a solid reputation in delivering world-class data and we are certain that their partnership with the Sandbox will be greatly utilized by our participants.”
Kendrick Wakeman, CFA, CEO and founder of FinMason, added:
“We have always admired the FinTech Sandbox and what they have been able to achieve. The companies that are working with the Fintech Sandbox are some of the most innovative in the world. If we can help these companies grow and prosper, we are thrilled to contribute.”