Codat News | Sep 30, 2024

Nick Cheetham has joined Codat as Executive Chairman in the United Kingdom, previously holding a position at another company...


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Codat

🌎 codat.io

Codat is a financial services company that specializes in providing business data APIs to connect banks and fintechs with the financial systems used by their business customers. Founded in 2017 and headquartered in London, Codat offers products that facilitate the access, synchronization, and interpretation of data from various financial software, enabling clients to enhance their operations and customer relationships. The company is backed by prominent investors and serves over 300 global clients.


Updates as of Sep 30, 2024

  • Nick Cheetham has joined Codat as Executive Chairman in the United Kingdom, previously holding a position at another company.
  • Codat has partnered with nCino to automate the underwriting process for business loans, with Recognise Bank being the first to go live with the integration.
  • Jonathan Burrell has left Codat, where he served as VP of Product in the United Kingdom, to become Chief Operating Officer at Weavr.io.
  • Codat's documentation team, led by Polina Zaichkina, won an award from the Institute of Scientific and Technical Communicators.
  • Codat will be at Money20/20 USA next month.
  • Codat's partnership with Wayflyer has led to a 20% reduction in decision-making time and a 30% decrease in applications with data quality issues, according to Ger Fitzpatrick, VP of Engineering at Wayflyer.
  • Wayflyer overcame data challenges in expanding to larger clients and new industries by using Codat, according to Ger Fitzpatrick, VP of Engineering at Wayflyer.
  • Research from Codat reveals most US mid-sized businesses still use paper cheques despite rising fraud risks and the growing popularity of more secure digital payments.

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