Akoya is building an API-only network for open finance, a system designed to enable secure and reliable data sharing between financial institutions and fintech companies. Founded in 2020, the company provides the infrastructure for this data exchange, placing consumers in control of their information. The platform is built entirely on APIs to ensure reliability and security.
The network connects thousands of financial institutions and processes billions of API calls, maintaining a reported 99.9% network availability. Akoya spun off as an independent company with backing from major financial institutions. Its team comprises professionals with backgrounds in banking, securities, fintech, and data aggregation.
Akoya's technical work centers on API-driven data networking, financial data security, and open finance platforms. The company operates within the broader open finance and fintech verticals, focusing on the data aggregation layer that connects financial service providers.
