Finlytics
Description: Finlytics is a cloud-based platform that provides comprehensive, well-structured and validated UK company data with complex filtering options. It offers bulk data at a reasonable price and an intuitive user interface. It also includes financial statement filings, reducing the time and cost of data ingestion. The platform uses AI and machine learning to validate data, minimizing the risk of errors and improving product quality.
Audience: Startups, Entrepreneurs, SMEs, Private Equity Firms
Why Now: In today’s data-driven business environment, having access to accurate, comprehensive and well-structured data is crucial. The need for efficient data ingestion and validation is more important than ever, and the market is ripe for a solution that addresses these pain points.
Monetization: Subscription-based model for different tiers of service. Additional charges for bulk data offerings and advanced features such as complex filtering and data validation. Potential for affiliate marketing or partnerships with financial institutions.
MVP Sketch: The MVP will focus on core features such as data ingestion, validation and complex filtering. It will have a basic UI that allows users to navigate the platform, select their filters and download their data. It will also include a small set of UK company data to demonstrate the platform’s capabilities.
Suggested Stack: Python for backend and data processing, React for frontend, AWS for cloud services, Machine Learning for data validation, PostgreSQL for database