Fintech OpenBB aims to be more than an 'open source Bloomberg Terminal' | TechCrunch

Fledgling fintech startup OpenBB is launching a free version of a product that will open its arsenal of data and financial tooling to more users.

The OpenBB Terminal serves as a single end-point for accessing financial information from some 100 data sources, spanning equity, options, forex, the macro economy and more.

The company claims some big-name customers that include shipping and logistics company Pangaea Logistics Solutions and an unnamed investment firm, which Lopes says has $6.4 billion in assets under management.

GameStonk Terminal aggregates financial data on publicly traded companies and competitors; SEC filings; earnings reports; and even market sentiment, conveyed through social networks such as Reddit and Twitter .

While Bloomberg Terminal is indispensable for many, and has become something of a financial industry standard, it costs in the region of $ 25,000 per user annually .

While the comparisons are understandable, OpenBB isn't exactly a drop-in replacement for Bloomberg Terminal .