Setu Account Aggregator
Access rich financial data with user consent
Handle income verification, credit monitoring, and personal finance management, with a single integration.
Replace broken solutions like screen scraping, SMS reading or file uploads. Make user on-boarding seamless and reduce drop-offs enormously.
Join us on Slack for regular product updates. Work with Setu and its licensed Account Aggregator partners—
☰
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
06/00/2023
→
To
06/06/2023
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
The fastest way to connect financial accounts
Let your users share their financial data easily, to massively improve verifications, on-boarding and product experience.
Unlock diverse use cases
Create products on top of financial data that your users have agreed to share.
Underwrite credit
Get transaction data to verify income or monitor spending and offer appropriate loans.
Monitor loans
Assess how your customers use their credit line and improve prediction of defaults.
Build recommendation engines
Suggest investment/savings products to customers.
Enable finance management
Fetch data to show users a summary of spends, investments and more.
Verify users
Verify name, address, bank account details and PAN easily.
and more use cases
Access many types of financial data
Get all the data a financial institute has to offer, with a single integration.
User profile information
Personal details of user such as mobile number, date of birth, PAN etc.
Summary data
A condensed overview of any financial data, like bank account balance.
Transactions data
Detailed report for financial data, like a monthly bank account statement.
Get access to—
Bank account data
Credit card transactions
Insurance details
Mutual funds
Deposits
...and more
Know your user financially
Ditch OCR, PDF, net banking and use Setu Insights to understand your users’ finances.
Acme bank
Suresh
Balance on 10th
₹ 56,697
Recurring credits
₹ 89,354
Recurring debits
₹ 32,657
Fraud checks
Negative EOD balance
Irregular salary credits
Immediate large debit after salary
Assess credit worthiness
Easily determine if customers can pay back EMIs on time.
Track income and spends
Know what your customer earns, where they spend or invest.
Battle fraud effectively
Use over 20+ fraud indicators to reduce uncertainty when underwriting your customer.
Customisable data points
Highest accuracy in financial indicators
Industry best pricing
Easy setup
Multiple output formats—XML, JSON, XLS
Use pre-built screens
Give your customers a tried-and-tested UX flow to connect their financial data.
Responsive UX
Use responsive mobile and desktop screens.
Themeable UI
Set custom logo, colours, fonts to match your brand.
Build trust and increase conversions
Help your users understand how they can share their data securely.
Provide control to users to build trust
Highlight recognised institutions
Point out the pros/cons of sharing data
Help users to know how long their data is in use
The best experience for developers and your users
Hassle-free integrations
We take care of any regulatory need, letting you focus on what you do best—building and experimenting.
Consent, front and centre
Build trust with users when requesting for their financial data—add details on usage and storage.
Full-fledged sandbox
Test mock flows for user registration, data requests, consent approvals, rejections or expiry.
Customised testing
Use Setu’s high quality mock data to test how consent artefacts work in reality.
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 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
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.
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.