FinTech Sandbox announced today that Tiingo Inc., an award-winning online financial data analytics tool and market data provider, has signed on as a Data Partner, bringing the total number of Data Partners of the Boston-based nonprofit to 40.
FinTech Sandbox facilitates innovation in the financial sector by making data and infrastructure available to well-qualified FinTech startups at the point when such access is most impactful. These Sandbox startups, in return, are expected to collaborate with each other, sharing learnings and advancements that benefit the FinTech ecosystem. Participating startups pay no fees, and no equity is taken.
Said Rishi Singh, CEO of Tiingo, “FinTech Sandbox has made extraordinary inroads by helping FinTech start-ups break through the traditionally high barriers they face: from regulation, to compliance, meeting enterprise clients, and gaining access to expensive data feeds. We are proud to join the FinTech Sandbox as a data partner and bring Tiingo’s high-quality data feeds, knowledge, and expertise to the Sandbox residents. We hope to help further the breaking down of barriers so our industry can focus on innovation.”
Tiingo is making the following data available:
Tiingo’s News Feed covers 20 million articles and over two decades worth of news. The feed structures content based on assets mentioned (Equities, Crypto, FX) as well as topics and tags. In addition to standard financial news outlets, Tiingo’s feed focuses on unstructured information sources, such as art blogs, tech publications, niche farming publications, healthcare trade magazines, and other trade-specific content.
End-of-Day Equity & ETF Prices
Tiingo’s End-of-Day prices cover 32,000 U.S, and Chinese equities listed across all U.S. exchanges (including OTC Group) and Chinese exchanges. Pricing history dates back 50+ years to 1962 for U.S. equities, including both adjusted and unadjusted prices.
Intraday Real-Time Data
Tiingo utilizes its direct connection to the IEX exchange to produce a low-latency translated binary feed. Additionally, Tiingo enriches IEX data to produce more frequent ticks, which also results in more intraday coverage than the IEX Exchange.
Mutual Fund NAVs
Tiingo covers NAVs for 33,000 U.S. Mutual Funds and CEFs. Data incudes distributions and Mutual Fund split data. NAV history goes back to the 1970s and includes both adjusted and unadjusted NAVs.
Mutual Fund Fee Data
Tiingo includes detailed Mutual Fund and ETF fee data for 34,000 tickers. Fee data includes: net expense ratio, gross expense ratio, marketing (12b-1) fees, distribution fees, other fund expenses, acquired fund fees, front-end load fees, back-end load fees, reinvested dividend load fees, redemption fees, account fees, exchange fees, other shareholder fees, and custom account fees related to the fund.
End-of-Day Crypto & Intraday Data
Tiingo Crypto API contains a live intraday and end-of-day price timeseries for over 4,100 native crypto tickers. Additionally, the API handles crypto conversions from any base currency to any quote currency, including alt coin to alt coin conversions. Historical intraday data bars, end-of-day data, and tick data is available across 12 exchanges.
Tiingo Forex Data is the first forex feed available to FinTech firms that connects to a variety of large banks.
Jean Donnelly, Executive Director of FinTech Sandbox, said, “We are very pleased to partner with Tiingo, an innovative financial data provider committed to bringing new datasets to market, innovations in data science, and allowing innovation across industries. In addition, we believe Tiingo’s mission will resonate with FinTech entrepreneurs who are motivated by a desire to bring positive change to society.”
Over 180 startups from around the world have been accepted as participants since FinTech Sandbox launched in 2015. Alumni include Kensho (acquired by S&P Global), Petal, TellusLabs (acquired by Indigo), and Quantopian. Companies accepted to the program have gone on to raise, in aggregate, more than $400 million.