Ntropy, a NY-based financial data intelligence platform provider, raised $11M in Series A funding.
The round was led by Lakestar with support from existing investors, QED Investors and January Ventures, as well as angel investors including executives from Twilio, Ramp, MoonPay and ComplyAdvantage.
The company intends to use the funds to develop and launch releases on its roadmap including higher level insights on top of transaction data, such as Income Check, Subscription Management, Affordability and more.
Led by Naré Vardanyan, Co-Founder & CEO, Entropy is building a financial data intelligence platform which offers a global, multi-geo and multi-language transaction categorization and enrichment API for both businesses and consumers. The API is customizable at scale.
The company has teamed up with Plaid as their preferred partner for business and international transaction enrichment.
FinSMEs
12/10/2022