Akahu logo — New Zealand’s open finance infrastructure.

Akahu

New Zealand’s open finance infrastructure.

Founded 2013 New Zealand New Zealand 7 employees Venture round Total: $1.40M Financial Services, Fintech

General Information

Company Name Akahu
Founded Year 2013
Location New Zealand New Zealand
Employees 7
Industries Financial Services, Fintech
Funding Stage Venture round
Social

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About Akahu

Akahu is a New Zealand-based startup that is revolutionizing the financial industry with its open finance infrastructure. Founded in 2013, the company's slogan "New Zealand’s open finance infrastructure" encapsulates its core mission of providing Kiwis with control over their financial data. Akahu's open finance API is utilized by various entities including Government, corporate, and fintech organizations to access deeply functional data integrations with New Zealand financial institutions. This enables the delivery of payment initiation, enriched transaction data, account data, identity verification, and bank account verification through a simple API for developers. The most recent investment of $1.40M in a Venture Round was secured on 13 October 2023 from Redbird Ventures and K1W1, signaling a strong show of confidence from notable investors in the company's potential for growth and innovation within the Financial Services and Fintech industries. With its headquarters in New Zealand, Akahu is well-positioned to continue driving positive change and advancement in the financial technology sector.

Business keywords: Open Finance Infrastructure, API Integration, Financial Data Control, Account Connectivity, Payment Initiation, Enriched Transaction Data, Identity Verification, Bank Account Verification, New Zealand, Data Integrations, API, Financial Institutions, User Control

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $1.40M 2
Redbird Ventures, K1W1
13 Oct 2023

Akahu Alternatives & Competitors

Akahu vs
Tink
Tink Sweden

We power the new world of finance.

Venture round
297 employees
Financial Services, Fintech
Akahu vs
Prometeo
Prometeo Uruguay

The single API for cross border banking. #crossborder #borderless #FinTech #API #B2B

Series A
72 employees
Financial Services, Fintech
Akahu vs

Where Open Finance Meets Embedded Banking 

Series B
63 employees
Analytics, Financial Services

FAQ About Akahu

New Zealand’s open finance infrastructure.
Akahu was founded in 2013.
Akahu is headquartered in New Zealand.
Akahu operates in Financial Services and Fintech. Its work centres on Open Finance Infrastructure, API Integration, Financial Data Control and Account Connectivity.
Akahu has approximately 7 employees.
Akahu has completed 1 funding round, raising a total of $1.40M. The latest funding stage is Venture round.
Top alternatives and competitors to Akahu include Tink, Prometeo, Unnax - A Powens Group Company, Salt Edge, BANKSapi. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Akahu and Tink are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Akahu, https://bouncewatch.com/company/akahu, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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