FinTech Sandbox Welcomes Experian as Data Provider

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Select FinTech startups gain free access to business data from leading global information services company

FinTech Sandbox, a nonprofit that helps FinTech startups access data and build great products, today announced that Experian, the 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.

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. Instead, 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.”

“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,” said 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.”

About Experian’s Business Information Services
Experian’s Business Information Services is a leader in providing data and predictive insights to organizations, helping them mitigate risk and improve profitability. The company’s business database provides comprehensive, third-party-verified information on virtually all U.S. companies, with the industry’s most extensive data on the broad spectrum of small and midsize businesses.

By leveraging state-of-the-art technology and superior data-compilation techniques, Experian provides market-leading tools that proactively support the entire credit life cycle, enabling our clients to find new customers, process new applications, manage customer relationships and collect on delinquent accounts.

About Experian
We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making.

We also help people to check their credit report and credit score, and protect against identity theft. In 2015, we were named by Forbes magazine as one of the “World’s Most Innovative Companies.”

We employ approximately 17,000 people in 37 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2015, was US$4.8 billion.

To find out more about our company, please visit http://www.experianplc.com or watch our documentary, “Inside Experian.”

About FinTech Sandbox
FinTech Sandbox is a Boston-based nonprofit founded to promote financial technology innovation globally by providing free access to critical data and resources to FinTech entrepreneurs and startups. Sponsors include Fidelity Investments, F-Prime Capital, Thomson Reuters, Silicon Valley Bank, Amazon Web Services, Intel, SIX Financial Information, Goodwin Procter, and .406 Ventures. For more information, please visit http://www.FinTechsandbox.org
and https://twitter.com/FinTechSandbox.

Experian and the Experian marks used herein are trademarks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.

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Jean Donnelly
FinTech Sandbox
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