Mon, Dec 09 2024
Global Atlantic Financial Group (Global Atlantic) has joined the ranks of sponsors of Fintech Sandbox, a nonprofit that offers early-stage fintech startups worldwide free access to vital datasets and infrastructure through its Data Access Residency program. Additionally, Global Atlantic has generously donated $150,000 to the organization.
Global Atlantic is now a part of an esteemed consortium supporting Fintech Sandbox's objective of offering entrepreneurs a supportive network and cooperative environment.
Co-founder of Fintech Sandbox Sarah Biller remarked, "We are thrilled that Global Atlantic has committed to sponsoring Fintech Sandbox and our efforts to further innovate in financial services by supporting entrepreneurs and fintech startups.""Global Atlantic shares our vision and goal of giving our members access to vital datasets, platform services, infrastructure, and community to foster further fintech innovation to address today's and future challenges."
Leading insurance provider, Global Atlantic serves both people and institutions' needs for life and retirement insurance. As a fundamental component of the company's culture and character, the corporation launched the Global Atlantic Foundation in 2022 to demonstrate its dedication to giving back to the community. Fintech Sandbox will benefit from the award by providing startups and entrepreneurs with access to infrastructure and datasets that would otherwise be costly, enabling them to develop successful businesses and products.
"The core of the Global Atlantic Foundation is our support for small businesses and the communities they serve," stated Global Atlantic's Chief Technology Officer, Padma Elmgart. Fintech Sandbox shares our attitude and objective, and we are happy to collaborate with them to offer business owners vital support. We can provide small businesses with the tools they need to succeed in the difficult economic climate of today by providing safe and regulated access to data, networking opportunities, and a wealth of other resources.
Sponsors that partner with Fintech Sandbox can take advantage of exclusive chances to support their business growth efforts, increase brand awareness, and improve talent management. They can also get first access to the newest fintech trends and insights.In addition to allowing the startups to thrive in the organization's Data Access Residency, the reciprocal learning process between the sponsors and the entrepreneurs helps everyone involved to develop and refine their understanding of innovation and accelerated growth.
By providing data and infrastructure to early-stage fintech businesses at the precise moment when access to this data is most influential, Fintech Sandbox fosters innovation in the financial sector. In exchange, fintech sandbox startups work with both former and present inhabitants, exchanging innovations and lessons learned that help the wider fintech community. Please visit https://fintechsandbox.org/data-partners for additional details about our data partners.
Global Atlantic has become a sponsor of Fintech Sandbox. Previous sponsors of the platform include Morrison Foerster, Barclays, Goodwin, MCS Group, Commonwealth, EY, F-Prime Capital, Slalom, and Goodwin.
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