Data aggregation for small businesses across banking, accounting, and commerce, with Codat CTO David Hoare

Lex chats with David Hoare, the CTO and co-founder of Codat - a
universal API platform that connects small businesses to banks
and other financial platforms. Together they discuss the value
behind data aggregation, API integrations, SME enablement via
APIs and the complexities involved in connecting large
institutional businesses to API platforms. Additionally, Dave
breaks down how the COVID-19 pandemic created an unexpected
opportunity for Codat to help large banks deliver funds to
smaller businesses in need of financial assistance. He also
emphasizes the importance of buying APIs via API platforms like
Codat rather than building it in-house, and so much more!


 


MENTIONED IN THE CONVERSATION


 


Codat's Website: https://bit.ly/3LfoYZ1


Dave's LinkedIn profile: https://bit.ly/3HnvV90


 


Topics: API, payments, embedded finance, fintech, payments,
integration, automation


 


Companies: Codat, Experian, PayPal, Plaid, Stripe


 


ABOUT THE FINTECH BLUEPRINT


 


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Twitter: https://twitter.com/LexSokolin


 


 


TIMESTAMPS


 


1’26”: Codat - what the company is, how long it has been around,
some of the things it does, and how small Fintechs use Codat


 


9’20”: The different software packages that the data aggregation
adds value to, and the types of API integrations needed for the
data pull


 


17’07”: Envisioning the customer experience and breaking down the
economics of the platform


 


20’22”: Breaking down the requirements involved in integrating
Codat into their stack, and expanding on Codat’s partnership
program with large enterprises


 


26’43”:  Examples of failed hypotheses and customer
relationships, and surprisingly successful use case examples


 


33’42”: The current competitive landscape and dynamics evolving
towards the future


 


37’10”: The channels used to connect with David & learn more
about Codat


Disclaimer here — this newsletter does not provide investment
advice and represents solely the views and opinions of FINTECH
BLUEPRINT LTD.


Contributors: Lex, Laurence, Matt, Farhad, Mike, Daniella


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