Narwhal API vs FinMind

FinMind is a Taiwan market data platform with datasets for prices, institutional trading, derivatives, real time quotes and financial statements. Narwhal returns Taiwan company statements for about 1,980 listed companies, in the same schema as five other regions.

At a glance

FinMind facts come from its pricing page, English overview and dataset pages, read on 12 November 2026. Its prices are in Taiwan dollars, and its plans are one-time payments. Narwhal API is owned and operated by Nusantara Ventures, LLC.

RequirementNarwhal APIFinMind
CoverageTaiwan: about 1,980 companies listed on TWSE and TPEx, 2026 half-year reports onlyTaiwan listed, OTC and emerging companies, with price data for US, UK, European and Japanese markets too
History2026 half-year reports so farIncome statement from 1990, cash flow statement from 2008, balance sheet from 2011
Financial statementsStandardised statements by company id, with amounts in whole Taiwan dollarsIncome statement, balance sheet and cash flow statement datasets, on the Free plan too
Free tier$10 free every month at 50 a minute, commercial apps allowed300 calls an hour, or 600 for registered members, on 45 datasets. Non-commercial use only
Paid plansPrepaid credit, top-ups from $20. Company and filings data cost $10 per 1,000 callsBacker NT$699 a month, Sponsor NT$999 and Sponsor Pro NT$3,330. Yearly NT$5,499, NT$8,888 and NT$29,620. One-time payment, no automatic renewal
Limits50 requests a minute on free credit, 500 on paid credit. No overage charge1,600 calls an hour on Backer, 6,000 on Sponsor and 20,000 on Sponsor Pro
Commercial useCommercial apps allowed on every accountSponsor Pro only. Every plan bars reselling raw data and requires naming FinMind as the source
InterfacesREST and hosted MCP with 80 tools, one key for every Narwhal APIREST API, llms.txt, an agent skill and an MCP server

Why teams switch

You sell a product built on Taiwan statements

FinMind allows commercial use only on Sponsor Pro, and it bars reselling raw data. Narwhal allows commercial apps on every account.

You need Taiwan next to other regions

FinMind centres on Taiwan, with price data for a few other markets. Narwhal returns statements in one schema for the US, Japan, Korea, Taiwan, the EU and the UK.

When they are the better pick

FinMind is the better pick for Taiwan market work. Its income statement history starts in 1990, its cash flow statement in 2008 and its balance sheet in 2011, and it adds monthly revenue, dividends, daily prices, institutional trading, futures and options, and real time quotes on higher plans. Narwhal has only the 2026 half-year reports for Taiwan, and no prices.

Questions

Is there a free FinMind plan?

Yes. It allows 300 calls an hour, or 600 for registered members, on 45 datasets, for non-commercial use. Narwhal gives every account $10 free every month and allows commercial apps.

Can I use FinMind in a paid product?

Only on Sponsor Pro, at NT$3,330 a month or NT$29,620 a year. The other plans cover non-commercial use, which includes personal, academic and app development work.

Does Narwhal have Taiwan prices or monthly revenue?

No. Narwhal returns statements only, and for Taiwan it holds the 2026 half-year reports so far.

Reviewed:

Sources and review date