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@codat.io
Codat's business data APIs connect banks and fintechs to all of the financial systems their customers use.
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Description
Codat is a leading business data API provider focused on transforming the landscape of financial transactions and data sharing. Their latest innovation, the Supplier Enablement data product, empowers companies to seamlessly share spend and supplier information from comprehensive ERP and accounting systems. This facilitates an efficient transition from traditional check payments to virtual card transactions, a method projected to reach $13.8 trillion by 2028 in the B2B sector.
Codatβs solutions cater to various industries, including banking and digital lending, allowing organizations to streamline processes, reduce risks, and enhance operational efficiency. Their diverse product offerings include APIs for small business lending, automated accounting integrations, and spend management, all designed to enhance financial connectivity and reporting. Through collaborations, notably with J.P. Morgan, Codat provides robust data that helps commercial clients scale their virtual card payment programs, ultimately driving increased transaction volumes and optimizing payment solutions. Codat is dedicated to maximizing the potential of data sharing for financial institutions and their business clients.
Brand Industry
Business and Consumer Services