7 years ago

Neudata, a UK Fintech Startup, Raises US$600k in Funding

  • Neudata, a London-based fintech startup, secured US$600k in funding from previous and new investors

  • The company will use the funds to continue developing its existing product offerings and create new services

  • Neudata provides a platform for quantitative and fundamental investment managers to discover and select data sources and for alternative data providers to get access to a network of hedge funds, asset managers, and pension funds to monetize their data

  • The company, which has offices in New York City and Geneva, does not sell data but instead charges a subscription fee to fund managers for access to the intelligence database.

      • ProblemFinancial Services

      "Neudata is addressing the challenge of discovering and selecting relevant data sources for quantitative and fundamental investment managers, as well as helping alternative data providers monetize their data."

      Solution

      "Neudata offers a platform that connects quantitative and fundamental investment managers with alternative data providers, facilitating the discovery and selection of data sources and enabling data monetization for providers through a subscription-based model."

      Covered on