Signzy Account Aggregator API

• The Signzy Account Aggregator API enables financial institutions to securely fetch consolidated financial data from user-consented sources via India’s Account Aggregator (AA) framework. It empowers lenders to gain a unified view of a borrower’s financial footprint—including bank accounts, investments, and income streams—while maintaining full compliance with RBI regulations on consent-driven data sharing.

Major Customer

• Axis Bank, Bajaj Finserv, CASHe, KreditBee, Federal Bank

• These institutions use Signzy’s Account Aggregator API to accelerate underwriting, personalize financial offerings, and enable real-time credit decisions.

Fees

• (Signzy) follows a usage-based pricing structure designed to fit the unique data retrieval needs and volumes of financial institutions.

• (Contact us) to receive a tailored pricing estimate based on your use case.

Features & Integrations

• Real-time Data Access: Fetch account balances, cash flow patterns, and financial holdings in minutes
• User-Consent Driven: Built-in consent architecture as per RBI’s AA framework
• Secure Data Transmission: End-to-end encryption and tokenized sessions for maximum securit
• Broad Coverage: Access to savings, current, loan, mutual fund, and insurance accounts from participating FIPs
• Seamless Integration: Plug-and-play compatibility with core banking systems, LOS platforms, and analytics engines
• Data Normalization: Standardizes data across financial institutions for easy consumption and decisioning

Use Cases for The Signzy Account Aggregator API

• Unified Financial Profile Creation: Fetch consolidated data across savings, current, loan, mutual fund, and insurance accounts to build a 360° financial profile of the user.
• Credit Underwriting: Access real-time income, cash flow, and liability data to make faster and more accurate lending decisions.
• Alternate Credit Scoring: Evaluate creditworthiness for new-to-credit customers using verified transaction and investment data instead of bureau scores.
• Personal Finance Management: Power personal finance tools and dashboards with user-consented account data for budgeting, saving, and goal planning.
• Digital Wealth Advisory: Use consolidated account data to offer tailored investment advice and wealth planning services.
• Loan Monitoring & Risk Management: Continuously monitor borrower financial health post-disbursal using periodic AA data pulls for early warning signs.
• Customized Product Recommendations: Segment users based on actual financial activity to offer personalized loans, cards, or insurance.
• Fraud Prevention: Verify declared income or liabilities against actual financial data retrieved through consented access, minimizing risk of misrepresentation.
• Income & Expense Categorization: Automatically categorize inflows/outflows from multiple accounts to identify patterns for financial analysis.
• Regulatory Compliance & Consent Architecture: Leverage AA’s framework for consent-based data sharing, ensuring privacy, compliance, and audit-readiness.

Advantages of Using Signzy Account Aggregator API

• Faster Credit Evaluation: Gain instant access to borrower’s verified financial data

• Eliminates Document Uploads: No more manual submission of bank statements or investment proofs

• Improves Risk Assessment: Access a holistic financial profile for more accurate underwriting

• RBI-Compliant Architecture: Aligned with India’s digital public infrastructure guidelines

• Developer Friendly: RESTful API with clear documentation and dedicated support

• Integrated Ecosystem: If your business requires a robust and reliable solution for digital onboarding, KYC checks, and contract management, Signzy API is an excellent choice.

• If your business needs a fast, secure, and compliant way to fetch consolidated financial data from user-consented sources, the Signzy Account Aggregator API is a trusted choice for modern lending institutions across India.