Our investment in Sikoia’s $2.3M seed round to cut through the Fintech noise with a plug & play data and API platform


This post is by Polina Stavrovski from Seedcamp


Sikoia Co-Founders from left to right: Alastair Bulger (CCO), Harry Singh (Technical Director), Alexis Rog (CEO), and Stephen Simmons (Chief Data Officer)

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 (Read more...)