Account Aggregator
Consent-driven access to rich financial data
Handle income verification, credit monitoring, and personal finance management, with a single integration.
Replace broken solutions like screen scraping, SMS reading or file uploads. Offer smooth onboarding for your customers and reduce drop-offs enormously.
Join us on Slack for regular product updates.
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Acme app
Share income data
Share via—
Acme
Aa/अ
← Share income data
Powered by RBI-licensed Account Aggregator
Acme
Aa/अ
← Connect accounts
Powered by RBI-licensed Account Aggregator
Connect with OTP
HDFC Bank
SAVINGS ∙∙∙∙ 0651
Enter 6-digit OTP
123456
Acme
Aa/अ
← Approve sharing
Connected accounts
HDFC Bank
SAVINGS ∙∙∙∙ 0651
Bank data for last 6 months
From
20/0-1/2022
→
To
20/05/2022
Powered by RBI-licensed Account Aggregator
Acme
Aa/अ
Approved!
Your bank statement data will be shared with Acme shortly
Powered by RBI-licensed Account Aggregator
A user giving consent to share bank statement with a business called Acme
Unlock diverse use cases
Create innovative products on top of data blocks from multiple financial data providers, like credit underwriting models or personal finance management apps.
Access data available via many information blocks—like bank accounts, insurance, deposits, credit cards and more—to easily verify your customers, while also offering a vastly better user experience.
Credit underwriting
Get detailed transaction data to verify income with ease. Offer your customers a superior UX and appropriate loan interest rates.
Loan monitoring
Monitor how your customers use their credit line. Use this data to improve prediction of default rates.
Personal finance management
Do a periodic bulk fetch and show users a summary of spends, investments and more.
More use cases on the way!
Novel applications
Unlock new use cases built on top of the AA spec—like bulk fetch APIs to get data for multiple users.
Hassle free integrations
We take care of any regulatory need, letting you focus on what you do best—building and experimenting.
Super fast integrations for any financial data
Gain access to any data block a financial institute has to offer—bank transactions, account information, insurance summary, mutual fund statements, and many more—with just one integration.
Optimised UX
Pre-built, responsive mobile or desktop screens for user registration, consent approval and management.
Match your brand
Theme our pre-built screens to match your brand. Set custom logo, colours, fonts and language.
Full-fledged sandbox
A robust testing environment that mocks actual flows for user registration, data requests, consent approvals/rejections/expiry.
Customised testing
Test how consent artefacts work in live situations. Use Setu’s high quality mock data, or upload your own data for custom scenarios.
Available data blocks
Companies can now easily request their users for financial data. There are broadly three types of data defined—
Profile
Information about the user and their personal details such as mobile number, date of birth, PAN etc.
Summary
This is a brief, condensed overview about the type of financial data being fetched.
Transactions
A detailed report containing the list of records for that particular type of financial data.
Build customer trust with high conversions
Make use of our extensive research on data sharing principles with diverse users. We guide you every step of the way to help explain to your customers how the account aggregator consent framework works.
Consent, front and centre
Build trust with users when requesting for their financial data—add details on use or storage.
Complete control for users
Users can review the duration and frequency of data usage, to approve or reject the data request.
Regional languages support
Interact with your customers using their preferred language for easier understanding.
Building trust with customers—
Establish authenticity—highlight security features, surface trusted institutions.
Provide visuals—give details on how data is shared with consent.
Nudge to make informed choices—explain how the data is used, pros and cons.
FAQs
What are Account Aggregators?
Account Aggregators are RBI-regulated NBFC entities that allow a person to share and manage their financial data with companies under the new Data Empowerment And Protection Architecture framework. Learn more ↗
Financial data is only shared once the customer reviews a data request and approves it. Setu currently partners with licensed NBFC AAs, to help provide pre-built, customisable screens for users to register, approve/reject/manage data consent requests.

What are FIPs and FIUs?
An FIP, is a financial information provider—like a bank or an insurance company—that is able to share financial data around a user of their product or service.
An FIU, or financial information user, is an entity that is requesting for data from an FIP—for their customer—for purposes like verification or enabling financial products for users.
How does the account aggregator’s consent framework work?
When an app/website requests for financial data from a customer, the customer can review details of the data request on an account aggregator app/website that they have registered with. The data request includes details like—
Type of data
Purpose and frequency of request
Duration of access to the data
...and more
The customer uses this information to approve or reject the request with a simple PIN based authentication.
A customer can also revoke consent for the data being shared. This gives complete control to users and also opportunities to financial apps and websites to build trust with their customers.