Ntropy

What Is Ntropy?

Ntropy is an API for standardizing and enriching financial data. It builds language models that understand financial transaction data regardless of source, format, geography, or language. The goal is to make transaction data easier to access and work with, improving productivity and enabling better financial services.

Who’s Behind Ntropy?

Naré Vardanyan is the co-founder and CEO. The company’s focus is accuracy in standardizing and enriching financial data at scale, with a mission to improve lives globally by making financial transaction data more accessible and intelligently structured.

What Can You Do With Ntropy?

• Transaction enrichment and categorization: High-accuracy categorization of transactions, with pattern matching for new ones — useful for underwriting and analysis.
• Financial statements: Generate P&L and cashflow statements directly from raw bank data.
• Butter AI: A solution covering sales, finance, accounting, billing, and cost data, with a natural language layer for real-time unit economics and forecasts.
• Underwriting: Automate parts of the underwriting process and improve the accuracy of financial statements.
• Custom reporting: Build custom reports and get real-time insights through a natural language interface.
• Merchant database: Access a database of over 100 million unique merchants.
• Global coverage: Understands transactions across multiple markets, languages, and geographies.
• Integration: Integrate into existing products to enhance financial services, with cost-effective deployment of language models.

Who Is It For?

Ntropy is aimed at teams building financial products: analysts and underwriters who need accurate categorization and statements, and developers who want to embed enriched transaction data into their own applications.