Show Notes
Ever wish you didn’t need to submit so many bank statements every time you applied for a loan? Well account aggregators, the new kids on the fintech block, hope to make that a thing of the past, as they seek to unshackle financial data in India .
We chat with B.G. Mahesh, the co-founder & CEO of DigiSahamati Foundation, a collective of account aggregators that is serving to help set standards and drive adoption for the Industry. Account Aggregators (AA) are a new class of regulated entities that were introduced by the RBI to make consent based sharing of financial data simple and easy, for both bank customers and financial services firms.
In the episode we chat with Mahesh on the problems that AAs look to solve, the use cases they will power, how to go about becoming an AA, the business model and finally the roadmap for the future. We demystify this little understood new fintech category, as we present a double length early Diwali special episode !!!
To know more about DigiSahmati please visit their website
For information on OCEN please visit Cred All