Account Aggregators are the
Future of Data Sharing
digital financial data from one or more accounts, and delivers it to the financial
institution that is providing services like loan or insurance to you.
Know More About the
AA Participants
The main participants of the AA ecosystem are the Account Aggregator (AA), the Financial Information Provider (FIP) and the Financial Information User (FIU) working together to simplify the process of sharing data.
An Ecosystem that lets You be in
Control of Your Data, Always
AA cannot share your data
without your consent
AA does not store or process
your data
All your financial data is encrypted with the AA
Give or revoke access to your
active consents anytime
The Advantages of the
AA Framework
Just like UPI completely transformed the way you pay, AA can make financial services like loans and credit
facilities much more seamless and accessible for everyone using the existing digital infrastructure.
Hassle-free
AA makes it effortless to gather data at the user’s end and enter data at the service provider’s end.
Fast
AA allows faster processing, and quicker access to products or services.
Comprehensive
With entire financial profile at one place service providers gauge your needs in a better way.
Real-Time
Information for each synced account is up-to-date, and available online reducing margin for errors.
Verified
Financial data is directly delivered from authorised accounts eliminating data errors.
Transparent
Aggregation increases transparency by helping you get better picture of your finances.
See How it Works
From business loans to personal insurance, the AA framework
can be easily adopted into different products and offerings for
your individual and business needs.
An RBI Regulated Entity
RBI issues Account Aggregator Licenses
AA Tech is based on DEPA consent layer API
AAs were created through an inter-regulatory decision by:
Reserve Bank of India (RBI) | Pension Fund Regulatory and Development Authority (PFRDA) | Securities and Exchange Board of India (SEBI) | Insurance
Regulatory and Development Authority (IRDAI) | Financial Stability Development Council (FSDC)