Many Fintech innovators are keen to challenge Bloomberg, a business understood to be worth c $15bn, with data feeds and messaging perceived to be the two most important parts of its offering. Xignite, which started out providing data to Fintech innovators, is now servicing banks as well. The company has also been working on an app that would allow users to send money directly from their mobile phones into any bank account in India. Most people are aware of Symphony as a contender for messaging services, NexChange is also looking to penetrate that space, with its customisable content stream, events calendar and message service.
Many Fintech innovators are keen to challenge Bloomberg, a business understood to be worth c $15bn, with data feeds and messaging perceived to be the two most important parts of its offering. Xignite, which started out providing data to Fintech innovators, is now servicing banks as well. Money.net is another player in the data space. Most people are aware of Symphony as a contender for messaging services, NexChange is also looking to penetrate that space, with its customisable content stream, events calendar and message service.