Koxa
Koxa is a cloud-native API platform connecting accounting software (NetSuite, Sage Intacct, Workday, Microsoft Dynamics BC, SAP S/4HANA) directly to corporate bank accounts, enabling banks to embed treasury payments, reconciliation, and OAuth-based identity workflows for their commercial and corporate treasury clients.
- Company typePrivate
- Founded2020
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Koxa does
Koxa is a Delaware public benefit corporation founded in 2020 and headquartered in New York that operates a cloud-native API platform connecting accounting software directly to corporate bank accounts for treasury open banking workflows. The platform is built on a TypeScript/Node.js stack running on AWS infrastructure (Postgres, Aurora, Redis, Kafka, ECS containers) with OAuth 2.0-based identity and entitlements, and ships pre-built native integrations with five major ERP and accounting platforms: NetSuite, Sage Intacct, Workday, Microsoft Dynamics 365 Business Central, and SAP S/4HANA. The product enables corporate treasury teams to initiate wire and ACH payments, run approval workflows, and automatically reconcile bank balances and transactions from inside their accounting software, replacing legacy FTP, host-to-host, and bank-portal workflows.
Koxa operates a B2B2B go-to-market. Banks (U.S. Bank, Truist, Regions Bank, Synovus, Encore Bank, plus Bottomline on the commercial banking software side) pay Koxa for platform access and embed its technology into their corporate treasury offerings through OEM, white-label, or co-branded models such as Truist One View Connect, Regions Embedded ERP Finance, Synovus Gateway ERP, and Encore Embedded Finance. Accounting software providers integrate with Koxa at no charge, which is a deliberate channel strategy to maximize the pre-built connectivity ecosystem on the ERP side and, in turn, drive bank partner adoption. Pricing to banks is quote-based and not publicly disclosed. The company holds Financial Data Exchange (FDX) corporate membership, and in 2024 launched Open Banking Gateway, a Dodd-Frank Section 1033 compliance product combining a Koxa-hosted FDX API, consent management, and pre-built Plaid connectivity.
The company is privately held and venture-backed, with a 2022 growth investment round led by Crosslink Capital (with Alumni Ventures, Basecamp Fund, Clocktower Technology Ventures, Fin Capital, and This Is Water) totaling approximately $6.4 million per its SEC Form D filing. Co-Founders Camellia George (CTO) and Conner Mulvee (CEO) lead the company, and the leadership team includes board representation from Crosslink Capital and independent director Dr. Delano J McFarlane. Koxa operates with 11-50 employees, is B Corp pending, and is exclusively focused on the US market.
Koxa firmographics
Firmographics- Name
- Koxa
- Legal name
- Koxa, Corp.
- Website
- https://koxa.io
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Koxa is a cloud-native API platform connecting accounting software (NetSuite, Sage Intacct, Workday, Microsoft Dynamics BC, SAP S/4HANA) directly to corporate bank accounts, enabling banks to embed treasury payments, reconciliation, and OAuth-based identity workflows for their commercial and corporate treasury clients.
- Ownership category
- akta.pro rank
Koxa industry classification
Industry- Product category
- Treasury Open Banking API Platform
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Payment Initiation & Account-to-Account (A2A) Payments (PIS, RTP initiation) (FSAGACAI)
- akta.pro secondary industries
- Open Banking, Account Aggregation & Payment Initiation APIs (BPAMAFAJ), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)
Keywords
Where Koxa is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Koxa business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Bank Partner Platform Fees: Koxa charges banks for access to its treasury open banking platform and APIs. Banks (U.S. Bank, Truist, Regions, Synovus, Encore Bank) pay to embed Koxa's technology into their corporate treasury offerings, enabling them to offer integrated ERP banking to their commercial and corporate clients. The platform is positioned as a technology layer that banks white-label or co-brand.
- Free Integration for Accounting Software Providers: Koxa does not charge accounting software providers to integrate with or use its platform. This is a strategic channel strategy to expand pre-built connectivity and grow the ecosystem of connected accounting applications, which in turn drives bank partner adoption.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Others | No-cost integration for accounting software providers |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Koxa product offering
Product offeringCore offering
Koxa is a Treasury Open Banking API platform that connects accounting software (NetSuite, Sage Intacct, Workday, Microsoft Dynamics 365 Business Central, SAP S/4HANA) directly to corporate bank accounts, enabling payment initiation (wire/ACH), automated bank data import, reconciliation, and approval workflows without leaving the accounting solution. The platform provides a full set of open banking APIs, an OAuth-based identity and entitlements engine, and pre-built ERP connections, and is sold primarily to banks (U.S. Bank, Truist, Regions, Synovus, Encore Bank) who white-label it for their corporate treasury clients.
Product overview
Koxa is a Treasury Open Banking API platform that connects accounting software directly to corporate bank accounts. The core platform serves as the central infrastructure, supported by three customer-facing modules: Koxa for Bank Partners (enabling banks to embed treasury services in accounting software), Koxa for Corporate Treasury Teams (enabling payment initiation and automated bank data import from within accounting software), and Koxa for Accounting Software Providers (enabling native bank connectivity plugins in ERP solutions). Supporting products include Open Banking Gateway (Dodd-Frank Section 1033 compliance with FDX API and Plaid connectivity), Gateway ERP (co-branded with Synovus Bank), and the ERP-Banking Integration (co-branded with Bottomline). The platform eliminates manual data re-keying, FTP connections, and bank portal switching by integrating directly with NetSuite, Sage Intacct, Workday, and Microsoft Dynamics 365 Business Central.
Differentiator
Problem solved
Functional benefit
Brands
- Open Banking Gateway: A solution designed to help banks comply with Dodd-Frank Section 1033 open banking regulations by providing connectivity, access management, and regulatory compliance tools.
- Gateway ERP
- Koxa NetSuite Plugin
Products and services
- Treasury Open Banking Platform Cloud-native API platform that connects accounting software (NetSuite, Sage Intacct, Workday, Microsoft Dynamics 365 Business Central, SAP S/4HANA) directly to corporate bank accounts, providing a full set of open banking APIs, an OAuth-based identity and entitlements engine, configurable permissioning and approvals, automated reconciliation, and payment initiation (wire/ACH) inside the accounting solution. Sold primarily to U.S. banks who embed it for their corporate treasury customers.
- Open Banking Gateway Regulatory compliance solution that provides banks with connectivity, access management, consent management, and a Koxa-hosted Financial Data Exchange (FDX) API, with pre-built Plaid connectivity, to comply with Dodd-Frank Section 1033 open banking requirements.
- Gateway ERP Co-branded ERP banking solution developed with Synovus Bank that integrates banking workflows into enterprise resource planning software for commercial clients, enabling payment management and cash flow optimization within core financial systems.
- ERP-Banking Integration (Bottomline Partnership) Partnership-enabled embedded banking solution combining Koxa's ERP-banking connectivity platform with Bottomline's Commercial Digital Banking API framework, enabling banks to offer payments, approvals, reconciliation, and statements natively within ERP workflows without building custom API infrastructure.
Quantifiable outcome
- Implementation can be completed in an afternoon with no coding required
- +2 more outcomes
Companies that use Koxa
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Koxa technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature5 records
Koxa partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered major and core.
- Encore BankmajorEncore Bank launched Encore Embedded Finance featuring ERP Banking powered by Koxa, which integrates banking services directly into commercial clients' ERP and accounting systems including Sage Intacct, Workday, Microsoft Dynamics Business Central, and NetSuite. The solution enables clients to initiate payments, view balances and transactions, and reconcile processes without leaving their accounting platforms.
- BottomlinemajorStrategic partnership combining Koxa's ERP-banking connectivity platform with Bottomline's Commercial Digital Banking API framework. The solution enables banks to offer integrated treasury services—payments, approvals, reconciliation, and statements—within ERP workflows without building custom API infrastructure. Addresses growing demand for Embedded Finance capabilities in business software.
- U.S. BankcoreKoxa joined the U.S. Bank Connected Partnership Network, enhancing its reach to offer ERP-banking integration technology to more banks. The partnership improves digital connectivity and operational efficiency for corporate treasury clients through U.S. Bank's ecosystem.
- Regions BankmajorRegions Bank collaborated with Koxa to develop Regions Embedded ERP Finance, a Treasury Management solution that integrates financial data directly with ERP systems. The solution enhances real-time data access and operational efficiency for clients and won the 2025 Datos Impact Gold Award for Best Innovation in Product Development.
- Truist Financial CorporationmajorTruist launched Truist One View Connect, an embedded banking solution integrating with major ERP platforms (NetSuite, Sage Intacct, Workday, Microsoft Dynamics 365 Business Central) to enable integrated payments, cash management, and treasury workflows for wholesale clients. Currently in pilot with select clients.
- Synovus BankmajorKoxa partnered with Synovus Bank to launch Gateway ERP, integrating banking workflows into enterprise resource planning software for commercial clients. The solution allows businesses to manage treasury functions like payments and cash flow more efficiently within their core financial systems.
- Financial Data Exchange (FDX)coreKoxa is a corporate member of FDX, the consortium defining standards for consumer-permissioned financial data sharing. Koxa's Co-Founder and CTO Camellia George serves as an FDX Emeritus Member, principal author of FDX's User Experience Guidelines for user consent (published December 2020), and Taskforce Lead in the API & Data Structures technical working group. Koxa's Open Banking Gateway leverages the FDX API standard.
- NetSuite (Oracle)coreKoxa has a pre-built native integration with NetSuite (Oracle). The Koxa NetSuite Plugin enables corporate treasury teams to initiate payments and automatically import bank data directly within NetSuite, with one-time setup required.
- Sage IntacctcoreKoxa has a pre-built native integration with Sage Intacct, enabling embedded banking capabilities within the accounting platform for Sage's commercial client base.
- WorkdaycoreKoxa has a pre-built native integration with Workday, enabling corporate treasury customers to access banking functionality directly within their Workday financial management environment.
- Microsoft Dynamics 365 Business CentralcoreKoxa has a pre-built native integration with Microsoft Dynamics 365 Business Central, enabling embedded treasury banking workflows for Business Central users.
- SAP S/4HANAcoreKoxa has a pre-built native integration with SAP S/4HANA, enabling treasury open banking capabilities within the SAP enterprise resource planning ecosystem.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Koxa competitors and assessment
Company assessmentDirect peers
- Plaid: Largest U.S. open-banking connectivity layer, providing account-linking APIs to thousands of consumer and business apps. Koxa explicitly bundles Plaid connectivity inside its Open Banking Gateway for Section 1033 use cases and competes with Plaid for bank-side open-banking infrastructure deals.
- MX Technologies: Open-banking and financial-data connectivity platform serving banks, credit unions and fintechs. Competes with Koxa for bank-side data aggregation, consent management and money-movement APIs and offers similar ERP integration playbooks.
- Modern Treasury: Payments operations platform targeting corporate treasury teams with bank connectivity, payment initiation and reconciliation APIs. Closest peer on the corporate-treasury side of Koxa's wedge, addressing the same pain points Koxa solves inside ERP workflows.
- Finicity (Mastercard Open Finance): Bank-data connectivity and open-banking API platform now part of Mastercard. Directly comparable to Koxa on the data-aggregation and account-verification layer, and benefits from Mastercard's distribution to banks and fintechs globally.
- Trovata: Treasury and cash-management platform that aggregates bank data and automates forecasting for corporate finance teams. Overlaps with Koxa's corporate-treasury module on bank-data ingestion and reconciliation, with a complementary analytics focus.
- Atomic: Open-banking connectivity platform providing account linking, payment initiation and balance/transaction data APIs to fintechs and embedded-finance use cases. Competes with Koxa's payment-initiation and data-aggregation APIs at the developer layer.
Broad incumbents
- Bottomline: Established commercial-banking and payments technology vendor offering its own Commercial Digital Banking API framework. Both a Koxa distribution partner (ERP-Banking Integration) and a competitive threat, since Bottomline can choose to bundle or disintermediate Koxa's ERP connectivity layer.
- Yodlee (Envestnet): Long-standing financial-data aggregation provider inside Envestnet, serving wealth, lending and personal-finance use cases. Overlaps with Koxa on bank-data aggregation and account-verification APIs, particularly for enterprises that already use Envestnet data assets.
- Q2: Digital banking platform serving regional and community banks with online/mobile channels and embedded finance APIs. Competes with Koxa's bank-partner module for treasury and commercial-banking digital experiences, though Q2's footprint is broader and less treasury-specific.
Emerging players
- Treasury Prime: Banking-as-a-service platform enabling banks to embed deposit accounts and payment rails into third-party applications. Comparable to Koxa on the embedded-finance and bank-API layer but focused on consumer/SMB account opening rather than corporate-treasury ERP workflows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Koxa social profiles
Digital presenceKoxa compliance and trust
Trust signalCompliance2 records
Koxa financial estimates
Financial estimateRevenue estimate
Valuation estimate
Koxa leadership team
Management profileNumber of profiles
Profiles4 records
Koxa funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Koxa M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Koxa
What does Koxa do?
Koxa is a Treasury Open Banking API platform that connects accounting software (NetSuite, Sage Intacct, Workday, Microsoft Dynamics 365 Business Central, SAP S/4HANA) directly to corporate bank accounts, enabling payment initiation (wire/ACH), automated bank data import, reconciliation, and approval workflows without leaving the accounting solution. The platform provides a full set of open banking APIs, an OAuth-based identity and entitlements engine, and pre-built ERP connections, and is sold primarily to banks (U.S. Bank, Truist, Regions, Synovus, Encore Bank) who white-label it for their corporate treasury clients.
Is Koxa a public or private company?
Koxa is a private company. It is classified as venture growth investor backed and is currently operating.
When was Koxa founded?
Koxa was founded in 2020. It employs 11 to 50 people.
Where is Koxa based?
Koxa is headquartered in New York, United States, in the North America region.
How does Koxa make money?
Two revenue lines are on record. Bank Partner Platform Fees are the primary driver. The others are free Integration for Accounting Software Providers.
Who are Koxa's main competitors?
Direct peers on record are Plaid, MX Technologies, Modern Treasury, Finicity (Mastercard Open Finance), Trovata and Atomic. Broad incumbents are Bottomline, Yodlee (Envestnet) and Q2. Treasury Prime is listed as an emerging player.
Does Koxa have an API?
Yes. Koxa offers an open API platform connecting accounting software directly to corporate bank accounts. The API provides treasury APIs, identity/entitlements/permissioning management with OAuth 2.0, and pre-built accounting application connections. External developers can build integrations using Koxa's open APIs. Services include payments, approvals, reconciliation, and statements within ERP workflows.
What industry is Koxa in?
Koxa's product category is Treasury Open Banking API Platform. Its primary akta.pro industry code is FSAGACAI, Payment Initiation & Account-to-Account (A2A) Payments (PIS, RTP initiation), with a secondary code of BPAMAFAJ, Open Banking, Account Aggregation & Payment Initiation APIs. Its NAICS code is 51821 and its SIC code is 6099.