Koxa Raises $8.7M for Bank APIs
Koxa raised $8.7M to connect ERP and accounting systems directly with corporate bank accounts.
Corporate finance still runs on too many bank portals, spreadsheets and manual reconciliation steps.
What happened
Koxa raised $8.7M according to a regulatory filing.
The company connects ERP and accounting systems directly to corporate bank accounts, helping finance teams automate treasury, payments and bank-data workflows. Its software targets the operational layer between businesses, banks and internal finance systems.
Why it matters
This is a smaller but clean fintech infrastructure signal. Finance teams want real-time bank data, automated reconciliation and fewer manual payment workflows, but legacy bank connectivity often slows them down.
Koxa is part of the API layer modernising corporate treasury and accounting operations.
The bigger picture
The next wave of fintech infrastructure is not always consumer-facing. Many valuable companies are being built around the quiet back-office connections that let finance teams automate cash management, payments, reconciliation and reporting.