Facteus Raises $10M from Curql Fund to Further Democratize Data Insights with the Largest Transaction Data Portfolio in the Industry
PORTLAND, Ore. & NEW YORK, March 23, 2022 - Facteus has just announced a $10M funding round spearheaded by Curql Fund, the investment arm for more than 75 credit unions nationwide.
Facteus has grown rapidly, seeing accelerated momentum among financial institutions, investors, and corporations by becoming the largest provider of anonymized and synthesized consumer transaction data in the Alternative Data industry.
How the Fund Will Grow Facteus’ Alternative Data Insights & Products
Facteus will use the funds raised from this effort to support growth across various fronts, including:
The Quantamatics platform
Ongoing product innovation
Expansions into new spaces and industry verticals
Along with funding, Curql provides Facteus with unique access to the vast data assets of its Curql Collective owners. This contribution bolsters Facteus' growing panel with the data from tens of millions of new consumer debit and credit cards.
With Curql as an investor, Facteus is well-positioned for continued growth and substantial opportunities for integrating, refining, and strategizing with the latest alternative data tools and insights.
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