Many businesses depend on people’s personal data, but the people who own that data usually get no financial benefit from it. Datacoup finished a summer trial of its service and now allows you to “Sell Your Personal Data for $8 a Month”
Datacoup will pay up to $10 for access to your social network accounts, credit card transaction records, and other personal information, and will sell insights gleaned from that data to companies looking for information on consumer behavior. Talks are in progress with major consumer brands and financial institutions, says Matt Hogan, CEO of the startup. Whether an individual user gets the full $10 a month or not depends on which streams of data he’s willing to share. Options include debit card and credit card transactions, and data from Facebook, Twitter, and LinkedIn.