Equifax to fuel fintech innovation through FinTech Sandbox collaboration

Sharla Godbehere, AtlFi and FinTech leader at Equifax

Data analytics and technology provider, Equifax Inc., has collaborated with FinTech Sandbox with an aim to propel global fintech innovation. The collaboration will enable the startups to utilize Equifax’s consumer and commercial data in developing products for the industry.

“We look forward to helping influence the Sandbox’s next generation of leaders with our data and analytical tools,” said Sharla Godbehere, AtlFi and FinTech leader at Equifax. “Being a FinTech company, we understand the challenges of bringing all the pieces together to make a product work. This is an exciting opportunity to partner and share our personal insights and experience with these startups.”

According to the supplier, the participating startups will be allowed access to Equifax’s Ignite portfolio of data and analytics solution. The Ignite portfolio comprises of a single suite of analytics processes, technology and tools to support the analytical lifecycle.

“At FinTech Sandbox, we have been looking to expand our offerings and support to startups focused on consumer financial wellness,” said Jean Donnelly, FinTech Sandbox Executive Director. “Equifax, with records for more than 850 million consumers and 92 million businesses worldwide, and advanced analytic solutions, can provide a needed lift for these companies bringing essential solutions to market.”

Boston-based FinTech Sandbox helps make data and infrastructure available to fintech startups who in turn, collaborate with residents by sharing advancements with respect to the FinTech ecosystem.

Recently, Equifax acquired the commercial credit risk underwriting firm PayNet, in a bid to drive customer growth in the small and medium commercial space.

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