Surpasses 20,000 Records Heading into 2019

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DataMerch continues rapid growth and adds many new members and merchant records

Tampa, Jan. 9, 2019 /DeBanked/ — Today,, an online underwriting database for the alternative financing industry, announced that they have surpassed over 20,000 records in their database.  DataMerch has been servicing funders in the alternative financing field since 2015 and has been widely adopted as the industry standard for online screening of merchants.

“We continue to grow our membership and database because our tool is so useful,” said Co-Founder Cody Burgess.  “In 2018 we surpassed 60 active member companies with well over 500 individual users within those companies.  We also added tools to support better member communication.”  When asked what developments to expect looking forward in 2019, Mr. Burgess responded, “We have several projects we are working on to expand our features and membership.  We are developing tools to make searching and reporting even easier, and we are planning on adding some additional industry markets to bolster results and relevancy.”

President and COO of IOU Financial Inc., Robert Gloer said, “We’ve been using DataMerch since the beginning and are thrilled with the results.  We’ve automated our process where we screen every new application through DataMerch to check if there were issues with competitors in our industry.  This allows us to save countless hours of time and money with an additional up-front underwriting tool that is easy to use.”

Management at DataMerch said they will continue to offer world-class support to members and improve the platform.

About DataMerch

DataMerch LLC was founded in 2015 and is designed to help funders determine if a future client of theirs has a bad track record in the alternative finance industry.  DataMerch members can scrub their files using DataMerch’s specifically designed FEIN search and enter unsatisfactory businesses into the database.  DataMerch currently has over 60 industry-leading subscribed members working together as a community. DataMerch can be accessed at and contacted for membership at

Last modified: January 9, 2019
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