APIs · head to head
Akoya vs Sila
Akoya
APIs
Bank-owned, token-based open finance network that replaces screen scraping for US financial data
- From
- On request
- Rated
- -
Sila
APIs
US money movement API for ACH, RTP and FedNow with KYC and ledgering built in
- From
- On request
- Rated
- -
The short version
- Each has a real cost: Akoya coverage reaches several thousand institutions but does not match aggregators that can still scrape, so applications needing the long tail of small credit unions will run a second data provider alongside it.; Sila no pricing is published, so you cannot compare Sila against Moov or Dwolla without entering two sales processes, and small programmes frequently find the monthly minimum dominates their cost at low volume.
- They diverge on capability: Akoya covers FDX standard APIs, Sila covers ACH origination.
- Prices and features above were last checked on 31 August 2026.
Where they differ
Only the attributes on which Akoya and Sila actually diverge.
Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (APIs).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Akoya
- FDX standard APIs
- Token-based access
- Investment data
- Accounts, balances and transactions
- Statements and tax forms
- Customer identity
- Consumer permission management
- Single integration
Only in Sila
- ACH origination
- Instant rails
- KYC and KYB
- Virtual accounts
- Ledger
- Wallets and holds
- Webhooks
- Bank-side deployment
What people use each for
The jobs each tool is most often brought in to do.
Akoya
- A wealth management platform that needs Fidelity brokerage holdings and tax lots, which cannot be scraped since Fidelity closed that route in October 2023not Sila
- A tax preparation product retrieving tax forms and cost basis directly from the institution rather than asking users to upload PDFsnot Sila
- A lender that needs a permissioning trail defensible under CFPB section 1033 rather than a credential-sharing arrangementnot Sila
- A bank that wants to meet data sharing obligations through one network connection instead of building and policing its own developer interfacenot Sila
Sila
- A small fintech that needs ACH, identity verification and a ledger from one vendor because it has no compliance team to assemble threenot Akoya
- A marketplace paying out to sellers that wants same-day ACH and instant push options without becoming a money transmitter itselfnot Akoya
- A community bank replacing batch file ACH processing with an API so it can offer real-time payments to business customersnot Akoya
- A lending platform that must verify business identity, disburse funds and collect repayments on a schedule from a single integrationnot Akoya
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Akoya
- Coverage reaches several thousand institutions but does not match aggregators that can still scrape, so applications needing the long tail of small credit unions will run a second data provider alongside it.
- The network is owned by large banks, so roadmap and coverage priorities reflect owner interests rather than those of the fintechs consuming the data, and a recipient has no leverage over which institutions are added next.
- Data availability is decided institution by institution, meaning a bank may expose balances but not transactions or investments, and recipients must verify field-level coverage per institution rather than assume the FDX model is fully populated.
- Pricing is unpublished and usage based, which makes it difficult to compare against aggregator pricing during a build-versus-buy decision and forces a sales cycle before you can model cost.
- The token model requires the institution to have implemented its side, so newly onboarded institutions arrive on the institution timetable, not yours, and a launch dependent on a specific bank can slip badly.
Sila
- No pricing is published, so you cannot compare Sila against Moov or Dwolla without entering two sales processes, and small programmes frequently find the monthly minimum dominates their cost at low volume.
- Sila is materially smaller and less well capitalised than the banking-as-a-service names it competes with, which matters because your customer funds and your payment rails depend on the vendor still trading in three years.
- The sponsor bank behind your programme determines what you can offer and how fast you can change it, and bank partnerships in this sector have been reshuffled repeatedly since 2023, so a bank change during your contract is a realistic risk rather than a theoretical one.
- Coverage is United States only, so any product with cross-border ambitions needs a second payments vendor and a second reconciliation process from the outset.
- Onboarding involves compliance diligence on your own programme, and teams routinely underestimate this, with weeks lost between signing and first live transaction while policies, flow of funds diagrams and BSA arrangements are reviewed.
Pricing, plan by plan
Akoya
On request- Akoya Data Access$undefined/year
- Usage-based pricing quoted by data product and call volume
- Separate commercial terms for data recipients and for financial institutions joining the network
- No published rate card
Sila
On request- Sila Payments Platform$undefined/month
- ACH, RTP and FedNow
- KYC and KYB verification
- Virtual accounts and ledger
Which should you pick?
Questions people ask
- Is Akoya or Sila better?
- Neither clearly leads. Akoya starts at On request and Sila at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Akoya or Sila?
- Akoya starts at On request and Sila at On request.
- Does Akoya or Sila run on more platforms?
- Akoya runs on Web. Sila runs on Web, API.
- What is Akoya best used for?
- Akoya is most often used for a wealth management platform that needs fidelity brokerage holdings and tax lots, which cannot be scraped since fidelity closed that route in october 2023, a tax preparation product retrieving tax forms and cost basis directly from the institution rather than asking users to upload pdfs, a lender that needs a permissioning trail defensible under cfpb section 1033 rather than a credential-sharing arrangement, a bank that wants to meet data sharing obligations through one network connection instead of building and policing its own developer interface. Of those, a wealth management platform that needs fidelity brokerage holdings and tax lots, which cannot be scraped since fidelity closed that route in october 2023 and a tax preparation product retrieving tax forms and cost basis directly from the institution rather than asking users to upload pdfs are not what Sila is typically brought in for.
- What can Akoya do that Sila cannot?
- Akoya covers FDX standard APIs, Token-based access, Investment data, Accounts, balances and transactions. Sila covers ACH origination, Instant rails, KYC and KYB, Virtual accounts.
Answered from the vendors’ own pages
Akoya: Who owns Akoya?
A group of large US banks. It was spun out of Fidelity, which is why Fidelity data access runs through it.
Sila: Does Sila require a sponsor bank?
Yes. Funds sit at a partner bank, and which bank that is affects your product features and your regulatory exposure, so ask before signing.
Akoya: Is Akoya screen scraping?
No. It uses FDX standard APIs with OpenID Connect tokens, so credentials are never shared with or stored by the data recipient.
Sila: Is Sila still operating?
Yes. It continues to trade and announced an API integration with GBank in 2025 covering ACH, RTP and FedNow.
Akoya: Can we use Akoya alone instead of an aggregator?
Usually not. Its investment and large-institution coverage is excellent, but the long tail of smaller institutions is thinner, so most teams run both.
Sila: What does it cost?
Sila does not publish rates. Expect per-transaction pricing plus a monthly minimum, quoted after a compliance conversation.
Akoya: Does it help with CFPB section 1033?
It is designed around it, providing tokenised permissioned access and consumer revocation rather than credential sharing.
Sila: Can I use it outside the United States?
No. Sila covers US rails only.
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