Tool profile
Akoya: cost, fit and limits
Akoya is a data access network that gives apps consent-based API access to financial institution data, offered through six API products and tiered by monthly unique connections, aimed at US fintechs and data recipients. Akoya states it covers hundreds or thousands of institutions.
What to know first
Akoya prices by monthly unique connections. The Standard tier covers under 10,000 connections with no price listed, and Enterprise at 10,000+ is custom with a dedicated customer success manager. Six API products cover balances, customers, payments, accounts and investments, transactions and statements. Akoya says it does not store consumer data or login credentials and cites an annual SOC 2 Type 2 audit.
Akoya at a glance
| Maker | Akoya (copyright line only; legal entity not stated), Not stated on the vendor pages |
|---|---|
| Free plan | Free trial only |
| Entry price | Quote only |
| API access | Yes |
| Category | Best AI Open Banking APIs in 2026, rank 7 of 13 |
| Website | akoya.com |
Who Akoya is best for
Fintechs that avoid credential handling
Akoya says it does not copy, store or retain consumer financial data or login credentials, which narrows the data a recipient has to protect.
Apps needing statements and investments
Accounts and Investments and Statements are named API products, so a wealth or accounting app can pull more than balances.
Teams that start in a sandbox
A free self-service sandbox with API and data provider documentation lets developers explore before negotiating a contract. That shortens the path from a first test to a working integration.
Akoya plans and pricing
| Plan | Price | What it includes |
|---|---|---|
| Standard | Price not listed | Under 10,000 monthly connections; sandbox access, API documentation, data provider documentation, self-service onboarding and a support center. |
| Enterprise | Custom pricing | 10,000+ monthly connections; premium onboarding, priority support, a dedicated customer success manager and advanced reporting. |
Checked November 2026.
What Akoya does
- Six API products
- Balances, Customers, Payments, Accounts and Investments, Transactions and Statements are the named products. The pages read do not state per-product pricing. Teams can pick the endpoints they need instead of buying a bundle.
- Free self-service sandbox
- Developers can explore the platform in a self-service sandbox. Standard also includes API and data provider documentation and a support center. That makes the platform easy to try before committing to a plan or an implementation fee.
- Connection-based tiers
- Plans are tiered by monthly unique connections, with Standard under 10,000. A set-up or implementation fee may apply. Enterprise is custom and covers 10,000 or more connections, so growth moves a team to a negotiated contract.
- Institution network
- The site says Akoya connects to hundreds or thousands of financial institutions without naming them, so coverage must be confirmed by request. Coverage questions are answered through the sales team or the data provider documentation, not a public list.
- Enterprise reporting
- Advanced reporting, a dedicated customer success manager and priority support come with the Enterprise tier. These extras make Enterprise a service tier rather than only a higher volume cap.
How Akoya handles your data
The security page says Akoya does not copy, store or retain consumer financial data or login credentials, according to its FAQ. It states an independently audited SOC 2 Type 2 report each year and describes NIST and FIPS-140 alignment, which it does not present as certification. Whether customer data trains models and the hosting region were not stated on the pages we read, so the vendor's policy was not checked for these points. Request the SOC 2 report to confirm scope.
Where Akoya falls short in practice
- Standard price unlisted. The Standard tier shows no price and a set-up or implementation fee may apply, so total cost is unknown until a quote arrives. Ask for a quote that spells out the fee before you compare Akoya against vendors that publish rates.
- Institutions unnamed. The pages say hundreds or thousands of institutions are connected but name none, so a buyer cannot check a specific bank. A team serving customers of one particular regional bank should ask for written confirmation first.
- No AI named. No AI feature appears on the pages read, so teams seeking enrichment or scoring must add their own layer or another vendor. Teams that want categorization, scoring or an agent connector must source them elsewhere.
Alternatives to Akoya
Akoya: common questions
How is Akoya priced?
Akoya tiers by monthly unique connections. Standard is for under 10,000 connections, with no price listed, and a set-up or implementation fee may apply. Enterprise starts at 10,000+ connections with custom pricing. Ask for a quote that includes any set-up fee.
Does Akoya store customer credentials?
According to its FAQ, Akoya does not copy, store or retain consumer financial data or login credentials. It also states an independently audited SOC 2 Type 2 report each year. Confirm the wording and audit scope in your own contract and security review.
What APIs does Akoya offer?
Six API products are named: Balances, Customers, Payments, Accounts and Investments, Transactions and Statements. The pages we read do not give per-product pricing or sample payloads, so review the API documentation in the sandbox. Review the endpoints in the sandbox to see field names and sample responses before you plan a build.
Is there a free Akoya sandbox?
Yes, the site describes a free self-service sandbox for exploring the platform. Standard includes sandbox access, API documentation and data provider documentation. Production use requires a plan, and the Standard price was not listed. The Standard tier includes the sandbox, API documentation and a support center, as listed on the pricing page.
Does Akoya use AI?
No AI feature is named on the pages we read. Akoya presents itself as a data access network with six API products. If you need enrichment or risk scoring from the vendor, compare vendors such as Belvo, Moneyhub or Flinks, which name them.