Akoya

Akoya is a bank-backed open finance platform that facilitates secure data exchange between financial institutions and fintechs.

Launched by Fidelity Investments, Akoya focuses on consumer consent-driven data sharing without the need for screen scraping, enhancing privacy and security.

Its API-based platform allows users to share financial information directly with third-party apps, granting greater control over data access.

Akoya’s model prioritizes transparency by providing consumers with visibility into who can access their data and for what purpose.

This reduces the risk of unauthorized access and aligns with evolving regulatory standards for open banking.

Akoya partners with major U.S. banks and fintechs, creating a secure ecosystem for financial data exchange.

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