What is SimFin about
SimFin stands for “Simplifying Finance”
SimFin is a fintech start-up based in Halle, Germany. We offer investors and analysts a stock market analysis platform with high-quality financial data and innovative tools.
We believe that investments are more successful when they are based on tested and socially approved strategies. Our goal is to give investors the opportunity to find, backtest and share winning strategies that can beat the market.
To allow everyone to benefit from our services, SimFin has a FREE Account that provides access to all relevant SimFin features. Advanced and ambitious analysts can upgrade to a professional and high-performance user interface.
Who’s behind SimFin
Frequently asked questions
Is SimFin a German company?
Yes. SimFin Analytics GmbH is based in Germany and owned by German shareholders. The company's headquarters are in Halle (Saale).
Who are the investors of SimFin?
In 2022 SimFin successfully finished a capital raise with IBG Risikokapitalfonds managed by bmp Ventures. The fond invests in innovative start-ups with seat in Sachsen-Anhalt.
Where does SimFin gets the financial data from?
SimFin generates more than 99% of its data independently. SimFin extracts fundamental data from the regular financial statements of listed companies. Thanks to advanced machine learning and value verification algorithms, SimFin is able to provide high-quality data that includes clickable references to the original documents. In addition, SimFin calculates more than 28 million metrics on a daily base to update the current stock price changes. Only the stock prices that represent less than 1 per mille of the total dataset are purchased by SimFin from external providers.
Where I can find further information about SimFin?
You can find more answers to typical questions as well as additional tips and video tutorials on how to use the SimFin tools in the support section.
SimFin is a provider of software as a service (SaaS) and not a financial advisor or financial service provider. The content, tools, and features provided through our software are designed for informational purposes only, and should not be taken as financial or investment advice. They do not constitute, and should not be interpreted as, an offer or recommendation to buy or sell financial instruments, or to participate in any particular trading strategy.