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

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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