Software Alternatives, Accelerators & Startups

Thinknum VS SimFin

Compare Thinknum VS SimFin and see what are their differences

Thinknum logo Thinknum

Making it easy to track and model corporate financial data

SimFin logo SimFin

Crunchbase for listed companies
  • Thinknum Landing page
    Landing page //
    2023-09-25
  • SimFin Landing page
    Landing page //
    2023-10-01

SimFin

Website
simfin.com
Pricing URL
-
$ Details
Startup details
Country
Germany

Thinknum features and specs

  • Alternative Data
    Thinknum provides a wide range of alternative data collected from various online sources, which can offer unique insights into market trends and business performance that traditional data sources might not capture.
  • User-Friendly Interface
    Thinknum's platform is designed with a user-friendly interface that allows users to easily navigate and extract meaningful data without requiring deep technical expertise.
  • Variety of Use Cases
    The platform caters to a variety of industries including finance, retail, and more, allowing users from different sectors to benefit from its data analytics capabilities.
  • Real-Time Data Updates
    Thinknum offers real-time data updates, providing users with the most current information to make timely and informed decisions in fast-moving markets.
  • Customizable Dashboards
    Users can create customizable dashboards that enable them to focus on specific datasets and metrics of interest, enhancing the overall user experience and productivity.

Possible disadvantages of Thinknum

  • Pricing
    Thinknum can be costly, particularly for smaller businesses or individual users, which might limit accessibility for those with limited budgets.
  • Data Accuracy
    As with any alternative data source, there can be concerns about the accuracy and reliability of the data collected, which may impact decision-making.
  • Learning Curve
    Despite a user-friendly interface, some users might face a learning curve when first using the platform, particularly those unfamiliar with data analytics tools.
  • Limited Historical Data
    For certain datasets, there may be limited historical data available, which could affect long-term trend analysis and modeling.
  • Dependence on Online Sources
    Since Thinknum relies heavily on data from online sources, any shifts in data availability, website changes, or access restrictions could impact the platform's effectiveness.

SimFin features and specs

  • Comprehensive Financial Data
    SimFin provides extensive financial data on a wide array of global companies, making it a valuable resource for investors and analysts looking for in-depth financial information.
  • Free Access
    The platform offers a significant amount of its data for free, which is particularly beneficial for students, educators, and individual investors who are cost-sensitive.
  • Community-Driven
    SimFin has a community-driven approach, encouraging users to contribute and improve the dataset, which can enhance data accuracy and completeness over time.
  • API Availability
    SimFin provides an API, allowing developers and analysts to programmatically access and integrate financial data into their applications and analyses.
  • Regular Updates
    The platform ensures that it regularly updates its database with the latest financial information, helping users stay informed with current and accurate data.

Possible disadvantages of SimFin

  • Data Limitations
    While comprehensive, SimFin's dataset may not cover all companies or provide the same level of detail for every firm, potentially requiring users to supplement with additional sources.
  • Interface Complexity
    New users may find the interface somewhat complex or overwhelming, especially if they are not familiar with financial data analysis.
  • Community Reliability
    Being community-driven, the quality and reliability of data can occasionally vary, as it may depend on user contributions and reviews.
  • Advanced Features Cost
    While basic access is free, more advanced features and detailed data might be behind a paywall, which could be a limitation for users looking for in-depth financial analytics without incurring additional costs.
  • Potential Data Delays
    There might be delays in the availability of the latest financial reports from some companies, impacting timely analysis for time-sensitive investment decisions.

Thinknum videos

Thinknum Webinar - Question Driven Data Science: Better Answers from Alternative Data

More videos:

  • Review - Outsmarting Competitors Using Alternative Data with Justin Zhen Co-Founder, Thinknum
  • Review - Alternative Data News Episode 2 - Thinknum Alternative Data

SimFin videos

@Simfin on the perils of saying what you think

More videos:

  • Review - Simfin presenting at TMSEN12

Category Popularity

0-100% (relative to Thinknum and SimFin)
Fintech
49 49%
51% 51
Finance
0 0%
100% 100
APIs
100 100%
0% 0
Investing
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, SimFin seems to be more popular. It has been mentiond 5 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Thinknum mentions (0)

We have not tracked any mentions of Thinknum yet. Tracking of Thinknum recommendations started around Mar 2021.

SimFin mentions (5)

  • Learning Python for Finance
    Https://simfin.com/ is a data provider that uses python API's. The site has many examples of how to use the datasets https://github.com/SimFin/simfin-tutorials You have to pay for the recent data, but the older data is free. Source: about 4 years ago
  • Criteria for Identifying High Performing Companies
    I am trying to identify companies that, as Warren Buffet advised, have " ... Strong histories of profitability and with a dominant business franchise". I have written a screener in python, that uses SimFin https://simfin.com/ data to find companies that meet my criteria. I am not trying to ascertain if these companies are at an attractive purchase point, only if they would be a company I would want to own. I... Source: over 4 years ago
  • quantel.io - anybody knows?
    I know simfin.com, which is great for US but pretty useless for everything else (Germany has 32 tickers... that's an order of magnitude too small). Source: over 4 years ago
  • Past 20 year free historical data of 10K and 10Q?
    If you just need simplified data and aren't too picky on the 20 years, simfin is also useful. Source: almost 5 years ago
  • is there a good database / source for fundamentals that is free?
    For bulk standardized datasets then simfin should have you covered (though somethings are a bit iffy). Source: almost 5 years ago

What are some alternatives?

When comparing Thinknum and SimFin, you can also consider the following products

Wisesheets - Get stock financial data instantly on your spreadsheet

Robinhood Snacks - Your daily doze of financial news

Flanks - API that aggregates all financial data on a single platform.

Smartfin - Experience a fast & easy way to research companies, with 30+ years of financial data, key metrics, and insights for humans. Build watchlists, track updates, and stay ahead with real-time alerts, earnings reports, and more!

StockData.org - Free real-time, intraday and historical stock market, crypto and forex JSON APIs.

Alpha Spread - Powerful stock valuation platform. Automatic stock valuation under various scenarios. Intrinsic & Relative valuation. Wall Street analysts estimates.