Product Overview
Product Overview
What is Tok?
Tok is an Open Banking aggregator for Balkan markets (Croatia, Serbia, BiH).
Tagline: "Tok podataka iz banke u vaš softver" English: "Bank data flows into your software"
Tok = Serbian/Bosnian/Croatian for "flow", "current", "stream". Represents:
- Data flow (bank data → your software)
- Money flow (payment initiation, remittance)
- Current (electricity metaphor — infrastructure that powers things)
Domains
| Domain | Purpose |
|---|---|
tokapi.io |
Primary domain (registered) |
tokapi.one |
Backup domain (registered) |
api.tokapi.io |
API endpoint |
developer.tokapi.io |
Developer portal |
Business Model — B2B2B
Tok is infrastructure, not a consumer product. It connects three layers:
Banks (PSD2/bilateral APIs)
↓
Tok Platform (AISP/PISP aggregation layer)
↓
B2B Clients (fintechs, accounting software, developers)
↓
End Users (SMBs, accountants)
Tok targets developers and businesses — not end consumers directly.
Ecosystem Relationships
| Product | Role | Tok Scope |
|---|---|---|
| Bilko (Accounting SaaS) | Consumer of Tok AISP API | Automatic bank feed for Bilko users |
| Drop (Payment App) | Consumer of Tok PISP + AISP | Payments + balance display for Drop users |
| Third Parties | External API consumers | B2B2B — fintechs, accounting software, developers |
One Platform, Three Revenue Streams
AISP/PISP Licence (Finanstilsynet, ALAI Holding AS)
│
├── AISP scope ──► Tok Platform (central Open Banking layer)
│ ├── Bilko bank feed (automatic transaction sync)
│ └── Tok API (B2B bank data for third parties)
│
└── PISP scope ──► Drop Balkan (payment initiation)
Bilko pay-from-app (invoice payment from accounting)
Key insight: The PI licence required for Drop Norway covers Tok and Bilko at marginal cost — regulatory overhead shared across three revenue streams.
Market Position
There is no Open Banking aggregator for the Balkans.
| Provider | Balkan coverage |
|---|---|
| Plaid | No coverage |
| TrueLayer | No coverage |
| Tink (Visa) | No confirmed coverage |
| Yapily | "No connections in Eastern Europe" |
| GoCardless/Nordigen | Possibly HR only |
| Salt Edge | Bank-side compliance in RS, not aggregation |
| Local providers | None exist |
Tok is building the first Open Banking aggregator for the Balkan region — full first-mover advantage.
Countries
| Country | Standard | Status |
|---|---|---|
| 🇭🇷 Croatia | PSD2 / Berlin Group NextGenPSD2 | Architecture ready — Q3 2026 |
| 🇷🇸 Serbia | NBS bilateral (PSD2-equivalent law Aug 2024) | Architecture ready — Q4 2026 |
| 🇧🇦 BiH | Bilateral agreements (no PSD2 mandate) | Planned — Q1 2027 |
Brand
- Feel: Minimal, tech-forward, trustworthy — think Stripe, Plaid, Twilio
- Font: Inter (headings/body) + JetBrains Mono (code/API)
- Voice: Technical, direct, honest, developer-first
- Parent: ALAI Holding AS — small "An ALAI product" footer
Related Documents
- Implementation Status — current build state and timeline
- Architecture — Tech Stack
- Regulatory — Licensing Strategy