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.
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