Ntropy

Financial data standardization and enrichment API

New York City, New York, United States

About Ntropy

Ntropy specializes in financial data standardization and enrichment, primarily serving digital banks, financial operations teams, and small to medium-sized enterprises. The company offers an API that allows clients to integrate its services into their systems, enabling them to extract, standardize, and enrich financial transaction data. This makes it easier for businesses to analyze their financial information, such as identifying recurring payments or providing detailed merchant information for transactions. Ntropy generates revenue through subscription and usage-based models for API access, along with additional specialized services. The company aims to improve financial operations and decision-making for its clients by providing accurate and consistent financial data.

New York City, New YorkHeadquarters
2019Year Founded
$17MTotal Funding
SERIES_ACompany Stage
Enterprise Software, FintechIndustries
11-50Employees

Risks

Increased competition in financial data services could impact Ntropy's market share.
Rapid AI advancements require continuous R&D investment, straining financial resources.
Regulatory scrutiny on data privacy in Europe may affect Ntropy's operations.

Differentiation

Ntropy specializes in financial data standardization and enrichment for fintech companies.
The company offers an API for seamless integration into clients' financial systems.
Ntropy's services include identifying recurring payments and providing detailed merchant information.

Upsides

Ntropy's partnership with Yapily expands its reach across Europe.
The $11M Series A funding supports Ntropy's growth and product development.
Growing demand for AI-powered financial data solutions benefits Ntropy's business model.

Funding

Total raised$16.96 M
Latest valuation$55.00 M
StageSERIES_A
$11
$55.00 M
$3
$16.00 M