Co-founded by Morocco’s Hicham Oudghiri, finteck firm Enigma catches the eye of Paypal

Enigma, a New York-based data and technology company, co-founded by Moroccan national Hicham Oudghiri and his best friend Marc DaCosta, created a real-time map of the costs and consequences of the US federal government shutdown in the US.

Their project made available online, compiled data to show the total amount of estimated delayed salaries and the number of federal employees left unpaid following the shutdown. Enigma «has been monitoring interruptions in access to public data since the U.S. Government shutdown on December 22, 2018», wrote the firm on its website.

According to Forbes, Enigma’s incredible work did not go unnoticed. «Enigma’s ability to rapidly make sense of multiple disconnected data ­sources, public and private, and create a customizable view of the global economy has attracted some of the world’s leading companies, from BlackRock to PayPal and Celgene», wrote the American magazine on Monday.

Indeed, investment management company BlackRock and American online payments system Paypal have signed up to work with Enigma.

For the record, the New York-based operational data management and intelligence company was founded in 2011 with the idea of making data connected, open, and actionable.