Akua provides a cloud-native payments processing platform that enables payment gateways and acquirers to access multiple payment networks through a single API. The platform addresses the inefficiencies of legacy systems by streamlining onboarding, reconciliation, and transaction processing, resulting in reduced operational costs and improved transaction speeds.
Funding
$4.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
HCPARFounders
Product
Problem
Payment gateways and acquirers face inefficiencies due to legacy systems, leading to complexities in onboarding, reconciliation, and transaction processing. These outdated systems often result in increased operational costs and slower transaction speeds, hindering scalability and innovation.
Solution
Akua provides a cloud-native acquiring processing platform that streamlines access to multiple payment rails in Latin America through a single API. The platform simplifies tasks such as onboarding, reconciliation, settlement, and chargebacks, reducing operational and maintenance costs. Akua's solution offers advanced transaction processing and fraud prevention, enhanced by AI-powered efficiency. The platform's intuitive API and rapid deployment approach enable faster integration and innovation in payment technology.
Target Audience
Akua primarily serves payment gateways, processors, PayFacs, orchestrators, and traditional acquirers operating in the Latin American market.
Features
- Cloud-native platform providing direct access to multiple payment networks via a single API
- Scalable proprietary technology supporting over 1000 transactions per second
- AI-driven solutions for fraud prevention and business optimization
- Advanced data and analytics for improved decision-making
- Direct cloud connections for faster and more reliable transaction processing
- Granular transaction-level fee reporting to eliminate unnecessary interchange fees
- Real-time monitoring of global scheme updates for continuous compliance