Account Aggregator API - finbox API

Overview

• The Account Aggregator API by finbox is a tool designed for linking and fetching user's bank account statements.
• It simplifies the process of financial information sharing.
• The API redefines user experience by making account aggregation smooth and easy.

Major Customers Using It

• Major customers include various companies in the FinTech sector.
• E-commerce companies also use this API for seamless account aggregation.

Source: https://www.finbox.in/our-clients

Features & Integrations

• Seamless linking of bank accounts.
• Fetches users' bank account statements via net banking credentials, account aggregators, or manual upload.
• Simplifies financial information sharing.
• Redefines user experience with an easy-to-use interface.

Use Cases

• The API can be used by FinTech companies for simplifying account aggregation.
• E-commerce platforms can use it to streamline their financial transactions.
• It can be used in any sector where financial information sharing is required.

Advantages

• Easy and seamless account aggregation.
• Redefines user experience.
• High scalability and flexibility.
• Adherence to security features and compliance standards.
• Community-driven enhancements contribute to the API's continuous improvement.

Company Information

• The API is provided by finbox, a company known for its innovative solutions in the FinTech industry.
• The company has received recognition for its contribution towards simplifying financial information sharing.

Year Company Founded

• The company was founded in the year 2017.

Social Profile Links

Linkedin: Finbox Linkedin

FAQs

• What is the Account Aggregator API by FinBox?
  It is a seamless and secure API that enables linking of user bank accounts and fetching bank account statements. It simplifies financial data sharing while enhancing user experience.

• How does the API work?
  The API enables financial data retrieval through:

  • Account Aggregator (AA) framework
  • Net banking credentials
  • Manual uploads
    This ensures flexibility in how users can link and share their banking data.

• Who are the major customers using it?

  • Leading FinTech companies
  • E-commerce platforms integrating financial services
    (Source: FinBox Clients)

• What are the core features of this API?

  • Bank account linking via AA or credentials
  • Fetching bank statements in real-time
  • Smooth UI and customer experience
  • Secure and compliant with Indian data regulations

• What are the common use cases?

  • Lending platforms verifying bank history for underwriting
  • E-commerce platforms offering BNPL or wallet services
  • Wealth management and budgeting apps
  • Any system that requires access to verified financial data

• Does FinBox offer developer support?
  Yes. FinBox provides:

  • A community forum for developers
  • Dedicated support for API issues and onboarding
  • Step-by-step integration guides and code snippets

• What are the advantages of this API?

  • Seamless and intuitive bank linking process
  • High scalability and platform flexibility
  • Strong focus on UX and data privacy
  • Community contributions driving product enhancements
  • Regulatory compliance and security best practices

• How secure is the Account Aggregator API?

  • The API is built with end-to-end encryption, strong authentication, and is compliant with India’s AA framework and data security laws.

• Can the API be integrated into other platforms?

  • Yes. The API is platform-agnostic and supports integration into web apps, mobile apps, and enterprise systems.