Good data is expensive. For an early-stage fintech startup, accessing quality data and the infrastructure resources needed to build and test products can be difficult and costly. We believe that data should enable innovation, not hinder it. Since our founding, Fintech Sandbox has enabled entrepreneurs from around the world to focus on building innovative solutions through our Data Access Residency.
Entrepreneurs from around the world utilize Fintech Sandbox's Data Access Residency to test and build their products and to extend their runways, enabling financial innovation at scale.
Partnering with the world’s leading data providers in ESG, credit, consumer, news, capital markets, and alternative data plus infrastructure providers for cloud hosting and APIs. Both structured and unstructured data are available.
Startups in the Data Access Residency gained access to significant savings through the program, allowing them to continue to build their products and businesses.
Startups need access to data at different times, so applications are accepted on a rolling basis and startups are onboarded to the Data Access Residency biweekly.
Fintech Sandbox has pre-negotiated agreements, on behalf of our accepted startups, for free access to certain data sets for up to 6 months from each of our data partners. Once accepted into the Data Access Residency, the startup directly signs a free data license agreement with each data partner they choose to work with, which allows the startup to also build a relationship with those data providers.
From there, the data partners work with the startup directly to grant access to the respective data sets. Depending on the data provider, the data set will be available through API, FTP, or another data delivery method.
Startups are allowed to work with multiple data partners at a time and will receive 6 months of free data access from each. Because of that, startups are generally active in the program for 8 – 12 months.
Once the 6 months of free data access is over, the startup can decide whether they’d like to enter into a commercial agreement with the data provider and continue to use the dataset.
Our community is built by startup founders, leading financial and technology institutions, data providers, investors, and more!