“Fintech entrepreneurs have a unique problem, which is the high cost of data to help them build applications,” said David Jegen, managing director of Devonshire Investors, the private investment arm of the Johnson family, which controls Fidelity. “They raise $2 million of venture capital funding, and then spend $500,000 of it buying market data from Bloomberg or Thomson Reuters. What makes Fintech Sandbox different is that it is not "a shark." It is incorporated as a nonprofit. Hence, according to media reports, instead of offering the up and coming entrepreneurs financing, Fintech will provide free or discounted datasets they can use to build their applications and demonstrate their products

http://www.americanbanker.com/issues/179_103/thomson-fidelity-amazon-to-create-sandbox-for-fintech-startups-1067765-1.html