Akahu Open Banking API: Supported Banks, Coverage & Alternatives (2026)

Akahu at a glance

Headquarters: New Zealand
Banks covered: 28+ institutions
Countries: 7
Products: Account data (AIS), pay-by-bank payments (PIS) and account verification
Licence: Accredited requestor / direct participant in New Zealand’s regulated open banking system
Bank connections: Official APIs, with screen scraping for some banks
Sandbox: Yes
Pricing: Usage-based (per-call + per-user/month subscription) (published rate card)
Last updated: November 2026

Source: Open Banking Tracker data and Akahu's public documentation and regulator registers. Confirm details with Akahu before you rely on them.

Coverage by country

Banks supported by Akahu

28+ institutions connect through Akahu. Pick a bank for its connection guide, or check a whole list of banks at once.

The Co-Operative Bank

Akahu vs alternatives

All Akahu alternatives · Compare any two aggregators · Which aggregator covers your banks?

What is Akahu?

Akahu is a banking API aggregator: one integration model so apps can reach many institutions with user consent. We list about 28 institutions in this directory; your app’s real coverage can still differ by product and market. For a simple mental model, Akahu is like a power strip for financial data: many banks share one interface, and your product plugs in once.

Akahu FAQ

What is Akahu?

Akahu is an open banking API aggregator headquartered in NZ. It provides account information (AIS), payment initiation (PIS), account or identity verification through a single integration, so apps can reach many banks with the customer's consent instead of building one connection per bank.

How many banks does Akahu support?

Open Banking Tracker lists 28 institutions reachable through Akahu. Real coverage can differ by product, market, and individual bank, so use the supported-banks table on this page and confirm specific institutions in Akahu's own documentation.

Is Akahu regulated?

Yes. Accredited requestor / direct participant in New Zealand’s regulated open banking system. Authorisations held: NZ open banking (accredited requestor). Verify current licensing on the relevant regulator's public register before you rely on it.

Does Akahu support payments (pay by bank)?

Yes. Akahu offers payment initiation (PIS), so you can move money account-to-account ("pay by bank") with the payer's authorisation. Product names and market availability vary — confirm in Akahu's documentation.

Does Akahu offer account or income verification?

Yes. Akahu offers verification products (such as account-ownership or income checks) built on its open banking connectivity. New Zealand open-finance aggregator: AIS, pay-by-bank PIS, identity/account verification. A 7 Jan 2026 accreditation date surfaced via search-index snippets of MBIE's Consumer Data Right register, but the register page itself was unreachable (bot-protected) so this is unverified — left as authorisedSince: null rather than trusting an unconfirmed number. Availability varies by market — confirm in Akahu's documentation.

Is Akahu free to use, and is there a sandbox?

Akahu pricing is published: Usage-based (per-call + per-user/month subscription). A free developer sandbox is available to test before you commit.

Which countries does Akahu cover?

Open Banking Tracker lists institutions in 7 countries reachable through Akahu. The most covered are New Zealand, United States, Australia, United Kingdom, South Africa and Netherlands. Coverage varies by product, so confirm specific banks in Akahu's documentation.