What is Datatrac?
Established in 1988, Datatrac specializes in monitoring and analyzing interest rate trends for deposit and lending products within the banking and credit union industry. The company's core mission is to empower financial institutions and consumers with transparent, accurate interest rate data, thereby facilitating mutually beneficial decisions regarding new loans and deposits. This focus positions Datatrac as a critical player in promoting informed financial decision-making in a complex market.
How much funding has Datatrac raised?
Datatrac has raised a total of $20K across 1 funding round:
Debt
$20K
Debt (2021): $20K with participation from PPP
Key Investors in Datatrac
PPP
Public-Private Partnership
What's next for Datatrac?
With the recent influx of substantial expansion capital, Datatrac is poised for significant growth and strategic development. The company's Series B/C stage funding suggests a transition from early-stage development to a scaling phase, likely involving market penetration, product enhancement, and potentially the exploration of new financial technology verticals. This investment will enable Datatrac to further solidify its market position and enhance its data analytics capabilities, driving innovation in financial transparency.
See full Datatrac company page
