Sikoia offers a Unified Data Platform (UDP) that enriches and aggregates financial and identity data to streamline compliance and risk processes such as customer onboarding, verification, and portfolio monitoring. The platform includes a vendor-agnostic provider marketplace for plug-and-play access to a global data ecosystem, a 360° Client Data Portal for case analysis and case management, and checklist, tracking and auditing capabilities to encode and automate policies. Regulated companies, fintechs and financial services providers use Sikoia to orchestrate and execute formal risk assessment processes, speed decisioning and improve customer experience. The company plans to use new funding to expand operations and broaden its business reach. Sikoia is headquartered in London and was founded by Alexis Rog, Stephen Simmons and Alastair Bulger. Financial details in the articles note the recent seed funding and cumulative capital raised to date. Sikoia is a London-based fintech data defragmenter that unifies third‑party data and APIs to help companies make better use of existing data. The company combines automated workflows with detailed analytics to speed decision-making, increase efficiency, and reduce regulatory risk. It is beginning with the consumer and small-business lending sector to improve credit decisions and regulatory compliance by homogenising customer data and clarifying API interactions. Sikoia already integrates with over 20 open banking, credit scoring, KYC, AML, marketplace, third‑party database, and alternative data sources. The founding team includes experienced practitioners from SoftBank Vision Fund, JP Morgan Equities, Experian, and open banking consultancy who built the product to address real industry pain points. The startup is in pre-seed stage and raised $2.3 million to further product development and expand platform functionality ahead of a planned public launch later this year.

Total raised

$8M

Funding rounds

2

Latest round

Seed

Latest activity

Feb 2023