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Ntropy

Provider
Transaction Enrichment

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 1 category.

ntropy.com ↗Also analysed as a company — its own stack →Open Banking Tracker profile ↗
CategoriesTransaction Enrichment
Rank#8 of 12 in Transaction Enrichment
Buyers2 companies
HeadquartersNew Castle, Delaware, United States
Founded2020
FoundersNaré Vardanyan, Ilia Zintchenko
Raised$14M+

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Founders & story · from Ntropy’s own dossier

Founded 2020 by Naré Vardanyan and Ilia Zintchenko to standardize and enrich messy bank transaction data via ML. Ntropy 1.0 focused on categorization and merchant identification API for fintech lenders and neobanks. In 2024, pivoted to Ntropy 2.0 — repositioning as the 'financial data standard for the LLM age', turning systems of record into systems of intelligence.

Latest round: Series A, 2022
Recent developments
  • 2026-02Published blog on building an AI agent that optimizes supplier payments source ↗
  • 2024-08Validis case study — becoming the financial data standard for the LLM age source ↗
Full dossier: Ntropy’s own stack, layer by layer →
Who uses Ntropy
2 companies disclose Ntropy in their stack
LoanProYapily
Buyer mix · 2 of 2 classified
Infrastructure / Lending · 1Infrastructure / Open banking · 1
US · 1UK · 1
What the disclosures say
LoanPro
“LoanPro's open banking data providers page names Ntropy for enriching and standardizing transaction data.”
Yapily
“Yapily's DPA sub-processor list names Ntropy Network Inc. as a third-party sub-processor, aligning with its Data Plus transaction categorisation & enrichment product.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Ntropy? Claim this profile above to unlock your own full list.
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What Ntropy runs on · from its own dossier
The third-party providers Ntropy itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Ntropy.
Lending
affirm
Full dossier with evidence for each layer →
Alternatives to Ntropy

Other Transaction Enrichment providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

MX14 buyers →Dateio8 buyers →Astrada6 buyers →Spade4 buyers →Plaid3 buyers →Bud Financial2 buyers →Fidel API2 buyers →Salt Edge2 buyers →
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An embeddable badge for Ntropy’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

Ranked #8 of 12 in Transaction Enrichment — Embedded Finance Index 2026
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Ntropy — frequently asked

Which companies use Ntropy?

2 companies are linked to Ntropy in the Embedded Finance Index 2026, through their own public disclosures or Ntropy's published customer list, including LoanPro and Yapily.

What does Ntropy do?

Ntropy is an embedded-finance provider in Transaction Enrichment. It ranks #8 of 12 Transaction Enrichment providers by linked companies.

What are the alternatives to Ntropy?

The most-named Transaction Enrichment alternatives to Ntropy are MX (14 buyers), Dateio (8 buyers), Astrada (6 buyers), Spade (4 buyers), Plaid (3 buyers) and Bud Financial (2 buyers).

Who founded Ntropy?

Ntropy was founded by Naré Vardanyan and Ilia Zintchenko and is founded in 2020, headquartered in New Castle, Delaware, United States.

How much funding has Ntropy raised?

Ntropy has raised $14M+ in total.

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