Facteus has raised USD10m in a funding round led by Curql Fund, the investment arm for over 75 credit unions across the US.
Facteus has gained rapid growth and momentum among financial institutions, investors, and corporations by becoming the largest provider of anonymised and synthesised consumer transaction data in the Alternative Data industry. Facteus will use the funds to support the growth of Facteus’ Quantamatics platform, continued product innovation, and expansion into new industry verticals.
In addition to the funding, Curql gives Facteus unique access to unlock the vast data assets of its Curql Collective owners, contributing tens of millions of new consumer debit and credit cards to Facteus’ growing panel.