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Press Releases
Sep 01, 2016

Seed Selected as FinTech Sandbox Innovative New Start Up

Seed CX has been selected by FinTech Sandbox to join their innovators community. A place where entrepreneurs are able to learn, experiment and participate in the broader FinTech ecosystem, Sandbox partners with stakeholders from across the financial services industry who embrace product development at a grassroots level. Seed CX is one of 11 new startups that will have access to this network of potential customers, advisors and subject matter experts.

FinTech Sandbox is a Boston-based nonprofit that is the place for all things data.  Started by a group of FinTech entrepreneurs and investors in Boston, they recognized the high cost and inaccessibility of data that can pose a consistent challenge to FinTech startups.  Backed by some of the worlds leading financial institutions, data providers and venture capitalists, the organization aims to help FinTech entrepreneurs build great products.

“We are excited to join the FinTech Sandbox community and thrilled to be recognized as an innovative start up,” said Edward Woodford, Co-Founder of Seed CX.  “We believe the organization provides unparalleled access to data sets for entrepreneurs as well as mentoring and networking opportunities.”

The FinTech Sandbox program is six months long and provides financial data feeds for development purposes as well as a robust set of market, banking, investment and corporate fundamentals data.  Data partners include; Thomson Reuters, Morningstar, Stocktwits and CME Group among others.

“We started this program to help ground-breaking start ups with their data and development needs,” said Jean Donnelly, Executive Director of the FinTech Sandbox. “We believe that Seed CX has great potential and look forward to seeing how they bring innovation to the sector.”

About FinTech Sandbox

FinTech Sandbox is a Boston-based nonprofit founded to promote financial technology innovation globally by providing free access to critical data and resources to FinTech entrepreneurs and startups. Sponsors include Fidelity Investments, F-Prime Capital, Thomson Reuters, Silicon Valley Bank, Amazon Web Services, Intel, SIX Financial Information, Goodwin Procter, and .406 Ventures.

For more information, please visit http://www.FinTechsandbox.org and https://twitter.com/FinTechsandbox.

About Seed CX

Seed CX is an electronic trading platform that is regulated by the U.S. Commodity Futures Trading Commission (CFTC) as a Swap Execution Facility (SEF). A SEF allows the trading of forwards, swaps and options for Eligible Contract Participants (ECPs). Seed operates a non-intermediated model which means that each participants connects directly to the exchange. Edward Woodford and Brian Liston founded Seed as Graduate researchers at the Massachusetts Institute of Technology (MIT). Seed is backed by a consortium of farming groups and exchange liquidity providers.

Seed CX Chairs the Outreach and Finance Committees of the Kentucky Hemp Industry Council (KHIC), which focuses on policy development at a state and federal level.

Seed CX’s goal is to use derivative tools to cultivate financial security in emerging agricultural markets, with idiosyncratic production risks. Seed’s focus is on providing innovative means to secure operational stability for hedgers and new trading opportunities for speculators. Seed CX operates in areas where there have been recent regulatory shifts, which present the potential to innovate in new or obscure markets.

For more information, visit www.seedcx.com

Media Contacts

 

Edward Woodford

Seed SEF

US Tel: +1 857-242-8248/ UK Tel: +44 (0) 7896213638

Email: [email protected]