Money.Net Acquires ChatterQuant, Expanding Financial Intelligence Offerings | News Direct

Money.Net Acquires ChatterQuant, Expanding Financial Intelligence Offerings Money.net officially announces new acquisition of ChatterQuant

News release by KISS PR Brand Story

facebook icon linkedin icon twitter icon pinterest icon email icon New York, New York | June 30, 2023 12:00 PM Eastern Daylight Time

ChatterQuant, a leading provider of sentiment analysis and social media intelligence in the financial industry, is pleased to announce its acquisition by Money.Net Capital, Inc, the parent company of Money.Net Holdings Inc. This strategic acquisition further strengthens Money.Net’s position as a premier provider of financial intelligence and investment solutions.

ChatterQuant has established itself as a trusted provider of cutting-edge sentiment analysis tools. It utilizes advanced natural language processing algorithms to extract valuable insights from social media platforms, news articles, and other online sources. By integrating Chatterquant's innovative technology and expertise into its existing financial intelligence and investment offerings, Money.Net is well-positioned to provide a comprehensive real-time market sentiment analysis, enabling them to make more informed investment decisions.

"This acquisition aligns with our commitment to empowering financial professionals with the most advanced tools and data analytics. Adding Chatterquant's sophisticated sentiment analysis capabilities will enhance our existing product suite," said Vincent Sangiovanni, CEO of Money.Net Capital, Inc.

"I am thrilled to announce the acquisition of ChatterQuant's technology by Money.net. This marks a significant milestone for both companies, combining our innovative technologies and expertise to revolutionize the financial industry. This acquisition sets the stage for exciting possibilities, propelling toward a future where data-driven decision-making is accessible to all." said Christian Perry, CEO & Co-founder of ChatterQuant. 

"Having worked with money.net over the past year, we're confident the talented and motivated team at Money.net will deliver on their ambitious visions in financial intelligence," said Bars Juhasz, CTO & Co-founder of Chatterquant.

"Our entire investment thesis is predicated on investing in world-class talents like Christian and Bars, and we’re not surprised at all about this successful outcome. Kudos to Money.net for their vision in leveraging the ChatterQuant technology to pioneer novel solutions," said Brian Jorgenson, Chief Investment Officer of Capital Eleven, the Venture Capital Firm backing ChatterQuant. "The Boise tech ecosystem continues to thrive, and we’re in the early innings of these types of announcements to be made in the coming quarters/years."

"ChatterQuant's technology has always shown great potential,” said Raino Zoller, Partner at Trolley House Ventures. "The acquisition by Money.net is an exciting development that paves the way for innovative solutions for the financial industry. I'm excited to see how the sentiment analysis capabilities developed by ChatterQuant help shape the future of data analysis."

The acquisition of ChatterQuant's assets reinforces Money.Net’s commitment to innovation and its dedication to providing its clients with comprehensive financial intelligence solutions. This strategic move further solidifies Money.Net’s position as a leader in the financial technology industry.

Financial terms of the acquisition were not disclosed.

For more information about Money.Net Holdings, Inc. and its suite of financial intelligence solutions, please visit www.money.net.

About Money.Net Capital, Inc.:  

Money.Net Capital, Inc. is the parent company of Money.Net Holdings, Inc., a leading investment platform with both self-directed and digital advice client journeys coupled with access to an ecosystem of news, analytics, data, social, and education delivered via web and mobile with distribution channels direct to investors (B2C) as well as through partnerships (B2B).

About ChatterQuant: 

ChatterQuant is a platform that provides real-time access to social media trends, delivering actionable insights on Stocks, Crypto, Forex, and Futures to traders and institutions.

A key feature of the platform is Signals Intelligence, which integrates comprehensive news, social analytics, and fundamental data, offering its clients a competitive edge in the market. ChatterQuant's proprietary data is tailor-made for use by a range of financial entities, including hedge funds, quant funds, algorithmic trading firms, market makers, and other sell-side institutions.

 

Media Contact 

Devan Leos - Public Relations Dept.

Phone: 13073441925

Email: pr@ddigital.org

Forward-looking disclosure is not financial advice, and you should always research before making any investments or purchases. 

Release ID: 660084

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AnnoucementChatterQuantMoney.NetAcquisitionFinTech