Democratizing Global Financial Data - Interview with Startups of the Year Nominee, Finazon

Hey Hackers,

Finazon has been nominated in HackerNoon's annual Startup of the Year awards in San Francisco, US.

Please vote for Finazon here:

https://hackernoon.com/startups/north-america/north-america-san-francisco-ca-usa.

Read more below to understand why we deserve your vote.

Meet Finazon

Finazon is dedicated to democratizing access to global financial data by constructing a scalable, highly customizable marketplace. We connect individuals and businesses to a comprehensive assortment of financial datasets worldwide, encompassing stock markets, forex, cryptocurrencies, funds, indices, fundamentals, and more.

Our mission revolves around fostering global innovation by supplying users with accurate, real-time financial data, facilitating effective decision-making, sophisticated market analysis, and straightforward application development. Our unique value proposition stems from total transparency, customization of datasets, and minimal bureaucracy, ensuring rapid integration. Whether you're an investor seeking market insights, a fintech firm developing the next cutting-edge trading platform, or an individual trader, Finazon is your comprehensive solution for all your financial data needs.

Founder

Yury Sokolov is a serial entrepreneur with a proven track record in the FinTech sector spanning more than six years. As the strategic force behind Finazon, he navigates the company's business trajectory and product innovation.

How We're Disrupting/Improving the Market Data Industry

Finazon is set to disrupt the financial data sector, an industry traditionally dominated by a handful of giants that offer high-priced, monolithic data packages. Unlike these incumbent providers, Finazon empowers its customers by providing highly customizable data packages that fit their needs and budgets. We believe financial data should be democratized and accessible to all - from individual investors to small fintech startups to established financial institutions.

Our innovative marketplace platform breaks down the barriers to global financial data access. Our platform lets users select from a vast range of datasets, cherry-picking the specific information they require. This eliminates the need for users to pay for unnecessary data, making financial data access more affordable and efficient.

Standing Out from The Crowd

Long-term vision, data accuracy, transparency, customization.

Our Predictions/Thoughts on the Market Data Industry in 2023

On the horizon, we see blockchain and decentralized finance playing a more significant role in the industry. These technologies have the potential to redefine how financial data is stored, shared, and accessed. As such, we anticipate a growing demand for data that offers insights into these burgeoning areas of the financial industry.

The rise of AI worldwide is creating a surge in demand for high-quality, diverse financial data. Financial data plays a critical role in training AI algorithms, which are increasingly used for predicting market trends, optimizing trading strategies, and financial advising. As these technologies become more sophisticated and integral to financial operations, the need for comprehensive, accurate, and timely financial data sets will only grow. In this era of AI-driven finance, data providers like Finazon are not just delivering information but fueling innovation, reshaping the economic landscape.

What word defines the state of Market Data in 2023?

Stagnating, obsolete, bureaucratic.

Why we decided to participate in HackerNoon's Startup of the Year awards

This platform offers an unparalleled opportunity to showcase our unique approach to democratizing access to global financial data, and we believe our innovative solutions align with the spirit of these awards.

Final Thoughts

We believe in the power of data to unlock new possibilities, drive innovation, and foster growth in the global economy. If you want to change the world with us - vote for Finazon today!

Written by: George Huxley