PORTLAND, Ore. & NEW YORK--(BUSINESS WIRE)--Facteus, a leading data-as-a-service (DaaS) company, provides actionable insights by transforming consumer transaction data into valuable information for businesses and financial institutions. By incorporating advanced analytics, machine learning techniques, and innovative technologies like large language models (LLMs) such as ChatGPT, the data consumer universe is expanding exponentially. This integration allows for a seamless synthesis of public and proprietary data into comprehensive products and services, empowering clients to make informed market intelligence, investment, and policy decisions. As organizations increasingly recognize the importance of data-driven decision-making, third-party data solutions like those offered by Facteus become essential for staying competitive.
Building on the momentum of 2022 successes, Facteus has expanded its reach, established new partnerships, and further strengthened its position as the largest provider of consumer transaction data in the alternative data industry.
In 2022, Facteus successfully:
- Added tens of millions more cardholders to its platform, growing its consumer base exponentially.
- Grew its real-time CPG data solutions by 100x, adding $120+ billion in annual spending from more than 24k retail stores across the US.
- Established exclusive long-term strategic partnerships with leading global fintechs, bank and credit union issuers, increasing panel size.
- Expanded its reach into new industries and markets, broadening the scope of its data-driven solutions and catering to a diverse clientele.
"Facteus' growth in 2022 has been nothing short of exceptional. Our commitment to providing the most comprehensive, diverse, and reliable transaction data has positioned us as the industry leader," said Chris Marsh, Founder & CEO of Facteus. "We are excited to continue our trajectory of innovation, enabling our clients to unlock new insights and opportunities in the rapidly evolving world of data-driven decision-making."
By consistently exceeding expectations, Facteus remains at the forefront of the alternative data industry. The company's innovative platform offers clients unmatched access to safely synthesized, granular, and real-time consumer transaction data. This data empowers businesses across various sectors to make informed decisions, optimize strategies, and gain a competitive advantage in the market.
Looking ahead to 2023, Facteus is poised to further enhance its product offerings, expand into new markets, and continue its mission to revolutionize how businesses leverage and interact with transaction data.
Facteus is the largest provider of consumer transaction data in the Alternative Data industry specializing in providing comprehensive consumer spending data to businesses in the financial sector, retail, government, research, and beyond. Through its innovative, AI-driven platform, the company delivers actionable insights derived from alternative data sources, empowering clients to make data-driven decisions and stay ahead of the competition. For more information, visit www.facteus.com.