A

Akoya

Provides API-based consumer-permissioned financial data access

Overview

Company Does Not Provide H-1B Sponsorship

Akoya provides an API-based data access network for financial services that enables consumer-permissioned data sharing without exposing login credentials. Through the Akoya Data Access Network, banks, credit unions, wealth managers, fintechs, and data aggregators connect via a single integration to access data using the Financial Data Exchange (FDX) standard, while Akoya neither copies nor stores the data passing through its network. The platform manages data-sharing relationships on behalf of participants, simplifying the process by removing the need for many bilateral agreements and offering consumer consent controls to grant or revoke access. Its goal is to enable safe, scalable, and user-controlled open finance data sharing across the financial services ecosystem.

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About Akoya

Simplify's Rating
Why Akoya is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareFinancial Services

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Boston, MA

Founded

2018

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Simplify's take

What believers are saying

  • TD and Akoya begin phased onboarding in Q4 2026, expanding enterprise usage.
  • JPMorganChase renewed Akoya in November 2025, proving large-bank demand survived regulatory noise.
  • CFPB 1033 compliance deadlines force banks toward API vendors, raising Akoya’s addressable market.

What critics are saying

  • Plaid, MX, Mastercard Open Finance, and Yodlee compress Akoya’s pricing power by 2027.
  • CFPB 1033 implementation exposes Akoya to policy reversals, delaying bank integrations and revenue.
  • TD’s phased Q4 2026 rollout concentrates execution risk; failure would undermine Akoya’s flagship validation.

What makes Akoya unique

  • Akoya’s bank-direct, FDX-aligned network replaces screen scraping with permissioned APIs.
  • TD, JPMorganChase, and 4,000-plus institutions validate Akoya’s neutral open-finance rails.
  • Akoya combines onboarding, developer portal, and managed operations, not just raw connectivity.

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Benefits

  • Remote Work Options

Growth & Insights and Company News

6 month growth

0%

1 year growth

-5%

2 year growth

0%
Open Banking Expo
Oct 21st, 2026
TD and Akoya announce plans to modernize how clients connect and share financial data.

TD and Akoya announce plans to modernize how clients connect and share financial data. TD Bank U.S. and Akoya are working together to advance a more secure, transparent and consumer-controlled approach to financial data sharing at scale. Through Akoya's Open Finance Solution (OFS), more data aggregators and third-party providers will be able to connect to TD through secure APIs (Application Programming Interfaces), reducing reliance on credential-based data access and supporting more secure financial data-sharing experiences. As digital financial tools become increasingly integrated into everyday life, consumers expect greater flexibility in how they access financial services - and greater control over how their information is shared. "Clients expect us to provide solutions designed to protect their data, while giving them the flexibility to use the digital tools and services that best meet their needs," said Jo Jagadish, head of U.S. digital banking, payments & consumer deposits at TD. "Our relationship with Akoya helps us deliver both, offering clients a choice in how they connect their financial data while building the foundation for the innovative financial experiences of tomorrow." The arrangement advances TD's broader strategy to modernize how clients engage with their finances. By continuing to invest in more secure, API-based connectivity, TD is creating more seamless digital experiences while reinforcing the security, privacy and trust at the core of TD's client relationships. "Consumers should be able to share their financial information with the apps they choose, see who has access and turn it off anytime," said Paul LaRusso, chief executive officer of Akoya. "Our engagement with TD puts that control in its clients' hands so they can confidently use the tools that help them make better financial decisions. Every consumer deserves that. It's the model more banks are adopting, and TD is helping lead the way." The OFS will offer third-party providers a clear, consistent place to learn about available TD APIs, register applications and take the steps required to establish secure connections. Together, Akoya's solution will make connecting to TD simpler and easier to manage, and the platform will continue to add new capabilities as client needs evolve. Beyond the commercial relationship, TD has been an investor in Akoya since 2020, and Jagadish joined Akoya's Board of Directors in 2025, bringing TD's customer and banking perspectives to the continued evolution of Open Finance. Permission-based data sharing through APIs is becoming increasingly important as consumers turn to fintech applications and digital platforms to manage more of their financial lives. As these experiences become more interconnected, consumers expect financial institutions to provide seamless, security-forward ways to connect the services they use. TD and Akoya will bring apps and data aggregators onto the platform in phases, beginning in the fourth quarter of 2026.

Yahoo Finance
Oct 20th, 2026
TD partners with Akoya to move customer data sharing to secure APIs from Q4 2026

TD Bank US and data network Akoya are working together to make financial data sharing more secure and consumer-controlled. Through Akoya's Open Finance Solution, more data aggregators and third-party providers will connect to TD via secure APIs (application programming interfaces), reducing reliance on credential-based access. The platform will give providers one place to learn about TD's APIs, register applications, and set up secure connections. TD and Akoya will bring apps and aggregators on in phases, starting in the fourth quarter of 2026. TD has invested in Akoya since 2020. Jo Jagadish, head of US digital banking, payments and consumer deposits at TD, joined Akoya's board in 2025. "Consumers should be able to share their financial information with the apps they choose, see who has access and turn it off anytime," said Paul LaRusso, Akoya's chief executive officer.

SERHANT.
Oct 12th, 2026
From silicon valley to SERHANT.

From silicon valley to SERHANT. SERHANT.'s chief technology officer spent 25 years at Microsoft, Amazon, and Akoya, building systems used by millions. Now he's creating the infrastructure to connect agents, their customers, vendors, and fundamentally transform how homes are bought and sold from the inside out. Greg Chan has spent his career building technology that millions of people use without ever thinking about it. The best systems he built shared two distinctive qualities: they were invisible, and they worked seamlessly. Now, as Chief Technology Officer at SERHANT., he's harnessing that experience to transform real estate, an industry that moves trillions of dollars a year yet operates as if Ask Jeeves were still around. For Greg, that yawning gap between the industry's scale and its level of technology is a tantalizing opportunity. His answer is S.MPLE 2.0, the next generation of SERHANT.'s proprietary AI platform, which executes end-to-end real estate workflows from a single instruction. A Career Built on Tech's Biggest Stages Greg's résumé reads like a tour through the systems that run modern life. He started at Microsoft, helping deliver the core Office products that became the world's default tools for writing, data analysis, and presentations. He then spent a decade at Amazon in leadership roles across Amazon Payments and the Prime delivery and shopping experience, launching now-ubiquitous global payment products and building platforms where reliability was the beginning, middle, and end of the entire job. After Amazon, Greg served as VP of Engineering at a fintech and B2B startup, scaling its product, technology, and team. He then became Chief Technology Officer at Akoya, an open finance company built to give consumers real control over their financial data. Under his leadership, Akoya scaled its financial data access network and launched a new open finance solution for major financial institutions. Serving the Individual to Drive Widespread Change Akoya was where Greg's philosophy came into focus. For years, using a financial app meant handing over your bank login and hoping for the best, with your data pulled in the background and no easy way to see or stop it. Akoya built on explicit permission, so customers could see exactly what they're sharing and revoke it whenever they choose. The real product wasn't the data pipe. It was giving people authority over their own financial lives. Recognizing that same instinct was what drew Greg to SERHANT. in the first place. Where Akoya put power back in the hands of the consumer, SERHANT. is putting it in the hands of the agent. The mission that now drives him is straightforward: build tools that make the individual agent more capable, more efficient, and more free to do the most important aspects of the job. That's where S.MPLE comes in. S.MPLE 2.0: Real Estate's First AI Chief of Staff S.MPLE is an AI-native platform built to take the operational weight off agents so they can spend their time where it matters, with clients. Real estate agents lose enormous portions of their day to administrative work: coordinating transactions, chasing paperwork, managing listings, following up. S.MPLE absorbs that load. And if S.MPLE 1.0 was a task machine, S.MPLE 2.0 is an outcome engine. For years, real estate technology has followed one pattern: give the agent another tool, another login, another dashboard to operate. The issue? Too many tools that were too disparate. Agents lost so much time learning every new thing that the tools became a hindrance rather than a help. Instead of handing agents more software, S.MPLE 2.0 does the work itself, orchestrating dozens of specialized AI agents and tools to execute real estate jobs across an agent's business, from comparative market analyses and listing presentations to marketing campaigns, transaction coordination, financial reporting, compliance, and client follow-up. All the agent has to do is describe an outcome to its AI chief of staff, Dot. Ask Dot to prepare for a listing appointment, and Dot will research the market, pull comparables, analyze pricing, build the presentation, apply the agent's branding, and review every page against applicable compliance rules. Work that once meant bouncing between systems, departments, and separate requests now happens from one instruction. Shaped by Greg's Proven Playbook Under the hood, S.MPLE 2.0 reflects the principles Greg has carried throughout his career. Its anticipation engine runs on durable execution, so longer-running workflows keep going in the background and resume the moment new information arrives - reflecting the same "can't-go-down" mindset he brought to payments at Amazon. Compliance isn't a separate check after the fact: S.MPLE reviews its own work against the major regulatory regimes, including the Fair Housing Act, RESPA, and the Sherman Act, as part of doing the job. And the platform is trained on SERHANT.'s own deals, coaching, and Sell It education platform, so it reflects how top agents actually close in the real world, not how a software company imagines they do. A Company Built to Move SERHANT. is growing 100% year over year, entering new markets every month, and now spans more than 2,000 agents across 20 states nationwide. For a technologist who spent 25 years building for the largest companies in the world, it's the chance to build something that makes a measurable difference in one person's day, thousands of times over. About Greg Chan Greg Chan is Chief Technology Officer of SERHANT., the AI-native real estate company, where he leads development of S.MPLE, the company's proprietary AI platform, including the launch of S.MPLE 2.0. He brings 25 years of technology leadership across Microsoft, Amazon, and fintech and enterprise SaaS startups. At Microsoft he helped deliver core Office products. During a decade at Amazon he held leadership roles across Amazon Payments and the Prime delivery and shopping experience, launching global payment products and building high-scale platforms. He later served as VP of Engineering at a fintech and B2B startup, and most recently as Chief Technology Officer at Akoya, where he scaled its financial data access network and launched a new open finance solution for major financial institutions. He is a board member of the Center for Disaster Philanthropy and holds an MBA from the MIT Sloan School of Management.

PR Newswire
Jun 12th, 2024
Bud Financial Joins The Akoya Network, Enabling U.S. Financial Institutions To Fully Realize The Benefit Of Advanced Transactional Data Enrichment

Bud and Akoya will give clients the tools they need to maximize the value of their customer data and find quick and sustainable ways to grow. We can't wait to see what our clients build next

FF News
Jun 12th, 2024
Courtney Robinson Joins Akoya As Head Of Policy And Communications

Courtney Robinson joins Akoya as the new Head of Policy and Communications. Robinson comes to Akoya from Block Inc. where she served as the Head of Global Regulatory Affairs. She has a range of industry experiences working on issues critical to policy development and stakeholder engagement.“Courtney is joining Akoya at a time when policymakers in the Executive Branch and on Capitol Hill are establishing a framework for a robust and secure open banking system,” said Paul LaRusso, CEO of Akoya. “She is the right person to help Akoya engage in those discussions as a leader in open banking, committed to privacy and consumer choice, while serving financial institutions and fintech companies of all sizes.”Courtney Robinson joins Akoya with years of experience in the financial services industry, including working for the U.S. House of Representatives Committee on Financial Services, where she was responsible for regulatory and legislative matters that affected financial institutions and consumer credit

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