The financial ecosystem is a tricky one. Many different entities have to interact with tedious workflows that make transparent and data-driven decision-making difficult. Sikoia aims to solve this by acting as the unified data platform for financial services to reduce regulatory risk and enable faster decision making. Sikoia’s modular enterprise platform supports various enterprises such as tech companies, lenders, advisers, and fintechs through purpose-built workflows, offering 100+ APIs to pick and choose from, as well as millions of data points to support enterprises’ decision-making.
We’re beyond excited to back the Sikoia team along with Earlybird and industry angels including Raffael Johnen (CEO of Auxmoney), Fabian Weseman (CFO of Wefox), and Charlie Delingpole (CEO of ComplyAdvantage).
“Thousands of APIs are opening siloed data sources globally at a rapid pace, but the explosion in the number of touchpoints has created significant complexity and it’s increasingly difficult to integrate this dynamic ecosystem in existing back-end systems and processes,” Alexis Rog, CEO and co-founder of Sikoia, said. “We couldn’t find a comprehensive solution that didn’t require complex manual configuration and lengthy integration. So we decided to build it.”
With over fifty years of experience in financial technology between Alexis, Stephen, Alastair and Harry, we are convinced that this is the best team to help cut through the noise of an increasingly fragmented Fintech service provider landscape. The four founders’ professional careers are a combination of experience from SoftBank’s Vision Fund, JP Morgan Equities’ business, Experian, and open banking consulting. “Sikoia’s plug and play approach is a real game changer, allowing Fintechs to access an entire data ecosystem and automate the most critical layer of their technology stack,” Reshma Sohoni, our Co-Founder and Managing Partner said. “We’re delighted to share this journey with such a dynamic and skilled team and are excited about their vision”
This round will advance product development and functionality expansion, before Sikoia’s public launch in late 2021. “With such a strong network of investors on board, we not only have their endorsement and confidence, but their insight and experience to support us as we head to public launch,” Alexis commented. We’re thrilled to back Alexis, Stephen, Alastair, Harry and the rest of the Sikoia team on this exciting journey in disrupting the future of the fintech landscape. Check out Sikoia here, and if you’re looking to join one of Europe’s most exciting early stage fintechs, Sikoia is also hiring.
