Fintech One•On•One Sarah Biller of Fintech Sandbox on the critical importance of data access for fintech startups
When you think about it, most, if not all, fintech innovation comes via the analysis and application of data. And financial services is more data-dependent now than at any time in its history. But this creates a challenge for brand new startups. How do you get access to data when all you have is an idea? Enter Fintech Sandbox.
My next guest on the Fintech One-on-One podcast is Sarah Biller, the co-founder of Fintech Sandbox. This industry non-profit provides free access to financial services data that can be critical for startups as they develop their initial products. As the need for large datasets accelerates an organization like Fintech Sandbox provides ever more critical for the growth of the startup ecosystem.
In this podcast you will learn:
- The driving force in starting Fintech Sandbox.
- How they persuaded their first data providers to provide free access to data.
- Some of the companies providing data for them today.
- How they go about finding new data sources.
- What their Data Access Residency program is and who it is for.
- How the types of companies they see have evolved over the last decade.
- The impact of AI on the demand for data from their new cohorts.
- Some of the companies that have been through their program.
- How open banking is going to impact fintech once the new rules are implemented.
- What is happening at Boston Fintech Week (Oct 14-18) this year.
- Why it is important for Fintech Sandbox to be a non-profit.
- How they are funded.
- How Sarah is thinking about the next 10 years of Fintech Sandbox.
Connect with Fintech One-on-One:
- Tweet me @PeterRenton
- Connect with me on LinkedIn
- Find previous Fintech One-on-One episodes