K

Koxa

www.koxa.io link_icon

Company Market Research Report: Koxa



Company Overview



Name


Koxa

Mission of the Company


Koxa strives to provide a massively improved Treasury Open Banking experience by securely connecting accounting software to corporate bank accounts, simplifying payables and bank reconciliation processes.

Founding Year and Founders


  • Founded: 2020

  • Founders: Camellia George and Conner Mulvee


Key People


  • Camellia George (Co-Founder, CTO, Board Member)

  • Conner Mulvee (Co-Founder, CEO, Board Member)

  • Dr. Delano J McFarlane (Advisor, Board Member)

  • Caroline Broder (Board Member)


Headquarter


  • Location: New York, NY


Number of Employees


  • Employees: 11-50


Revenue


  • Revenue: No information is available.


What is the Company Known For


Koxa is known for its complete Treasury Open Banking platform that seamlessly integrates accounting software with corporate bank accounts to simplify and secure the process of vendor payments and data reconciliation.

Products



Products Offered


  • Open Banking API Platform

  • NetSuite Plugin

  • Accounting Software Integrations


High-level Description of the Product


Koxa's API platform connects accounting software directly to corporate bank accounts, enabling seamless integration for vendor payment initiation, bank data reconciliation, and approval processes.

Key Features of Each Product


1. Open Banking API Platform
  • Treasury APIs: Full set of open banking APIs for seamless integration with banking services.

  • Identity & Entitlements Engine with OAuth: Advanced security features ensuring user identity and access management.

  • Pre-built Accounting App Connections: Ready-to-use integrations with popular accounting software.

  • Simple, Fast, No-Code Implementation: Quick and easy setup without the need for extensive coding.


2. NetSuite Plugin
  • One-Time Setup: Easy configuration to link company bank accounts with NetSuite.

  • Payment Initiation: Directly submit and approve payments within NetSuite.

  • Secure Authorization: Supports multifactor authentication for secure transactions.


3. Accounting Software Integrations
  • Supported Software: Integrations with Workday®, SAP S/4HANA®, NetSuite®, Sage Intacct®, Microsoft Dynamics BC®, and more.

  • Payables & Reconciliation: Simplification of payables and bank reconciliation processes within existing accounting solutions.


Recent Developments



Recent Developments in the Company


Koxa has marked its 4th year with notable growth and accomplishments.

New Products Launched


Open Banking Gateway Platform
  • Formally entered the consumer open banking space with the introduction.


New Features Added to Existing Products


  • No specific new features detailed, related to the platform enhancements and ERP integrations.


New Partnerships


  • Partnerships:

  • Signed with six new banks.

  • Formed three new ERP integrations.

  • Established two new strategic partnerships.


Core Values


  • Obsessed With Connections: Improving user experience by connecting data securely.

  • Massive Improvement in User Experience: Ensuring tools and support for clients and end users.

  • Ownership: Commitment to professional roles, development, and company mission.

  • Diversity and Inclusion: Proactive support for a diverse team and inclusive fintech future.

  • Doing the Right Thing: Ethical practices and maintaining a reputation of integrity.


Future Goals


  • B Corp Certification: Following the path to achieve full B Corp certification by 2022.

  • Community Engagement: Supporting female participation in fintech, and contributing to thought leadership in financial data through FDX membership.


References



  • LinkedIn: Koxa profile

  • Vimeo: Koxa company videos

  • FDX Membership: Participation in FDX standards and initiatives.


End of Report.