Codat specialises in providing API software tailored for small business data. They provide the connectivity that enables software providers and financial institutions to easily build integrated products for their small business customers. Its products connect banks and fintechs to all the major accounting, banking, eCommerce and payments platforms small businesses use, enabling them to build features that save small businesses time and get them faster access to capital.

Building upon the momentum of the Open Banking movement, Codat combines the small business data network into a single API by integrating with accounting, commerce & POS, open banking, and payroll platforms. Codat's clients license the API and build it into their products, allowing them to ‘plug in’ to their customer's data and provide faster, frictionless and more risk-averse products and experiences.

Codat serves a variety of clients, including traditional banks using the API to streamline lending processes, enabling faster funding for businesses, and established FinTechs and Payments platforms using Codat to integrate data seamlessly into accounting packages, saving small businesses time on administrative tasks. Codat also serves fast-growing startups such as ESG platforms that use data to calculate and offset a business's carbon emissions.

Codat is one of the fastest-growing companies in the UK right now, having raised 6 rounds of funding over 4 years. The company has landed on and remedies a problem that many businesses come up against.