UBDI Announces $825,000 in Funding for Platform Empowering Consumers to Monetize Insights from Personal Data, Creating a Universal Basic Data Income
Concurrent with the funding announcement, UBDI, which stands for Universal Basic Data Income, was also selected to present at the Finovate fintech conference in New York on September 23-25 and at the MyData privacy and personal data conference in Helsinki on September 26-27.
- Concurrent with the funding announcement, UBDI, which stands for Universal Basic Data Income, was also selected to present at the Finovate fintech conference in New York on September 23-25 and at the MyData privacy and personal data conference in Helsinki on September 26-27.
- The round was led by DG Lab Fund II(Tokyo/SF) and HU Investments (NY, London, India) with PurposeBuilt Ventures (SF) participating.
- Empowering people with their data isn't something to be feared, and it is long overdue."
- UBDI, which stands for "universal basic data income," allows individuals to get compensated for sharing anonymous, aggregated insights from their data for market research and business intelligence.