Nonprofit Continues to Have High Demand from Early-Stage Startups as it Makes a Positive Impact with its Programming and Community-Led Events
BOSTOM, MA / ACCESSWIRE / January 24, 2023 / Fintech Sandbox, a nonprofit that provides early-stage startups around the world with free access to critical datasets and resources, experienced significant growth in 2022, including global expansion of the organization's Data Access Residency and return to in-person community-led events, including Boston Fintech Week. This momentum positions the organization for further growth and success in the coming year, and further cements its integral role in supporting startups in an uncertain economic environment.
"Despite tightening of funding and economic uncertainty, fintech, especially at the early stages, is alive and vibrant - we're seeing no shortage of new founders coming to Fintech Sandbox for support," said Kelly Fryer, Executive DIrector, Fintech Sandbox. "Our mission of providing data access and world-class programming to bring innovation to fintech and financial services is all the more important at this moment. More and more entrepreneurs need our support, data, advice and community - which makes 2023 a more important year than ever."
Global Reach Continues to Expand with Increase in Data Access Residents
Fintech Sandbox increased its presence on the world map, with a clear emphasis on inclusive and sustainable finance. Some highlights include:
Boston Fintech Week Returns In-Person to Showcase Fintech's Wide-Ranging Influence on Everyday Life
The fifth-annual Boston Fintech Week was held on September 27-29. Key sessions were held at the iconic Boston Public Library as well as at other locations throughout the city. This year's theme was "Fintech& - Building Today for an Uncharted Tomorrow", and the event brought together the global fintech community with luminary keynotes, panel discussions, networking receptions, community-led events, and discussions on the latest advancements in financial technology that are impacting our daily lives.
Key highlights included:
The in-person Boston Fintech Week followed Fintech Sandbox's eighth annual Demo Day, which took place virtually on April 22, and gave eight promising startups the opportunity to showcase the technology and products built with the help of Fintech Sandbox and its partners. The event additionally featured a fireside chat with Adrienne Harris, Superintendent of the New York State Department of Financial Services, and included two in-person receptions. The organization is eager to soon announce the participating startups and exact dates for the ninth annual Demo Day, scheduled for April 2023.
Fintech Sandbox promotes innovation in the financial sector by making data and infrastructure available to early-stage fintech startups, at the point when access to this typically expensive data is most impactful. Fintech Sandbox startups, in return, collaborate with current and past residents, sharing learnings and advancements that benefit the ecosystem.
About Fintech Sandbox
Fintech Sandbox is a nonprofit that provides a leg-up for entrepreneurs around the world by providing free access to critical datasets and resources to build their early-stage fintech products through its Data Access Residency. Fintech Sandbox startups, in return, collaborate with current and past residents, sharing learnings and advancements that benefit the ecosystem. Participating startups - more than 290 thus far - pay no fees and no equity is taken. Boston Fintech Week and Mass Fintech Hub - a public-private partnership dedicated to making the Commonwealth a global leader in fintech - are initiatives under the Fintech Sandbox umbrella. For more information, please visit https://fintechsandbox.org and https://www.twitter.com/FintechSandbox.
SOURCE: FinTech Sandbox