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APIs · head to head

Akoya vs Xano

Akoya logo

Akoya

APIs

Bank-owned, token-based open finance network that replaces screen scraping for US financial data

From
On request
Rated
-
Full reviewWebsite
Xano logo

Xano

Automation Integration

The low-code backend platform

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Xano has a free tier, so it costs nothing to try first.
  • 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.; Xano limited real-time capabilities; websocket support underdeveloped and not suitable for real-time applications
  • They diverge on capability: Akoya covers FDX standard APIs, Xano covers API builder.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Akoya and Xano actually diverge.

Attributes where Akoya and Xano differ
AttributeAkoyaXano
Starting priceOn requestFree
Pricing modelquoteusage-based
Free tierNoYes
PlatformsWebWeb, Cloud, BYOC
CategoryAPIsAutomation Integration
FoundedUnknown2014

Identical on both: user rating (Not yet rated).

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 Xano

  • API builder
  • Database management
  • Data transformation
  • Real-time sync
  • Webhooks
  • Authentication
  • Scheduling
  • REST API

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 Xano
  • A tax preparation product retrieving tax forms and cost basis directly from the institution rather than asking users to upload PDFsnot Xano
  • A lender that needs a permissioning trail defensible under CFPB section 1033 rather than a credential-sharing arrangementnot Xano
  • A bank that wants to meet data sharing obligations through one network connection instead of building and policing its own developer interfacenot Xano

Xano

  • Workflow Automationnot Akoya
  • Data Integrationnot Akoya
  • Process Automationnot Akoya
  • App Integrationnot Akoya
  • API Connectivitynot 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.

Xano

  • Limited real-time capabilities; websocket support underdeveloped and not suitable for real-time applications
  • Performance concerns at scale; users report crashes, dropped queries, and no RAM visibility on any plan
  • Interface designed for mouse input only, does not work well with touch-screen tablets
  • Limited version control, data backup and restore features, and data management logging capabilities
  • Requires pairing with a frontend builder, adding cost, complexity, and integration overhead

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

Xano

Free
  • FreeFree
    • Limited requests
    • Basic features
  • Professional$99/month
    • 100K requests
    • Advanced features
  • Business$299/month
    • 500K requests
    • Premium support

Which should you pick?

Choose Akoya if

  • You need fdx standard apis.
  • You also want token-based access.
Akoya review

Choose Xano if

  • You need api builder.
  • You want to start without paying.
  • You work on Web, Cloud, BYOC.
  • You also want database management.
Xano review

Questions people ask

Is Akoya or Xano better?
Neither clearly leads. Akoya starts at On request and Xano at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Akoya or Xano?
Xano has a free tier; the other does not. Paid plans start at On request for Akoya and Free for Xano.
Does Akoya or Xano run on more platforms?
Akoya runs on Web. Xano runs on Web, Cloud, BYOC.
Can I use Xano for free?
Yes. Xano has a free tier, so you can try it without paying. Akoya starts at On request.
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 Xano is typically brought in for.
What can Akoya do that Xano cannot?
Akoya covers FDX standard APIs, Token-based access, Investment data, Accounts, balances and transactions. Xano covers API builder, Database management, Data transformation, Real-time sync.

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.

Xano: Does Xano offer a free plan?

Yes. Xano offers a free plan with unlimited APIs and a rate limit. The free plan includes watermarked stored images. Paid plans start at $85 per month.

Source
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.

Xano: What databases does Xano use?

Xano provides managed PostgreSQL database with no migrations or DevOps overhead required. It includes automatic backups, scaling, and full ACID transaction support.

Source
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.

Xano: Does Xano require coding knowledge?

Xano is a no-code platform but requires foundational understanding of backend concepts like database structure, APIs, authentication, and logic flow. The learning curve is steep, requiring weeks or months to become proficient.

Source
Akoya: Does it help with CFPB section 1033?

It is designed around it, providing tokenised permissioned access and consumer revocation rather than credential sharing.

Xano: What integrations does Xano support?

Xano integrates with Snowflake, Datadog, AWS, GCP, Azure, Stripe, Segment, and works with frontend platforms like Bubble, Webflow, FlutterFlow, and Lovable.

Source
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