List of 12 Licensed Account Aggregators in India

Account Aggregator Participants and Licensed Entities:

The Account Aggregators (AA) ecosystem in India is witnessing remarkable growth and participation from various entities, all contributing to the advancement of data empowerment and secure financial data sharing. 

List of Licensed Account Aggregators in India

The Reserve Bank of India (RBI) issues NBFC-AA licenses to Account Aggregators, enabling them to operate within the regulatory framework. These licensed entities play a crucial role in facilitating secure data sharing between Financial Information Providers (FIPs) and Financial Information Users (FIUs). Some of the licensed Account Aggregators in India include:

1. Agya Technologies Private Limited (Product titled Setu AA)
2. CAMSFinServ
3. Cookiejar Technologies Private Limited (Product titled Finvu)
4. CRIF Connect Private Limited
5. Dashboard Account Aggregation Services Private Limited(Product titled Saafe)
6. Digio Internet Private Limited
7. FinSec AA Solutions Private Limited (Product titled OneMoney)
8. NESL Asset Data Limited (NADL)
9. Protean (formerly NSDL E-Governance Account Aggregator Limited) (Product titled Protean SurakshAA)
10. Perfios Account Aggregation Services Pvt Ltd (Product titled Anumati)
11. PhonePe Technology Services Private Limited

12. Tally Account Aggregator Services Private Limited (Product titled TallyEdge)

13. Unacores AA Solutions Private Limited (Product titled INK)
14. Yodlee Finsoft Private Limited

Categories of Participants in the AA Framework

The Account Aggregator framework involves distinct categories of participants that contribute to the seamless sharing of financial data:

• Account Aggregators
• Financial Information Providers
• Financial Information Users
• Technology Service Providers

Also Refer: RBI’S Master Directions on Account Aggregator

Also Read the Source Article at Sahamati

Read: https://newnerve.com/5-essential-benefits-of-account-aggregator-in-india/