FinBox Account Aggregator is a SaaS platform that enables secure, consent-based aggregation and sharing of financial data directly from users’ bank accounts. The platform streamlines the process of collecting bank statements for lenders, fintechs, and financial institutions by allowing users to link their accounts and share data instantly, without manual uploads or net banking credentials. This direct-from-source data acquisition eliminates the risk of document tampering and significantly reduces fraud. The system is designed for seamless integration into digital lending and onboarding journeys, supporting high conversion rates and minimizing customer drop-offs. FinBox Account Aggregator is also paired with advanced analytics and fraud detection modules, making it suitable for a wide range of use cases beyond underwriting, such as wealth management, loan monitoring, and financial health assessment.

Key Features

Consent-Driven Data Aggregation Enables users to securely link bank accounts and share data.

• User authentication and consent management
• Direct data pull from financial institutions

Automated Bank Statement Collection Streamlines the process for lenders and customers.

• Eliminates manual uploads and net banking logins
• Supports instant, real-time data retrieval

Fraud Prevention and Data Integrity Reduces risk of tampered or fraudulent documents.

• Acquires data directly from source
• Integrates with document checks and fraud analytics

High Conversion Rates Improves customer experience and completion rates.

• Minimal user actions required
• Reduces drop-offs compared to manual methods

Seamless Integration Easily embeds into digital workflows and platforms.

• API-based architecture
• Developer support and documentation

Advanced Analytics and Enrichment Enables actionable insights for multiple use cases.

• Data standardization and enrichment
• Supports underwriting, monitoring, and financial profiling

Benefits

Enhanced Security and Compliance Ensures data privacy and regulatory compliance.

• Consent-based sharing
• Secure data transmission and storage

Reduced Fraud and Operational Risk Minimizes exposure to fraudulent documents.

• Direct-from-source data eliminates tampering
• Integrated fraud detection

Faster Onboarding and Decisioning Accelerates lending and onboarding processes.

• Real-time data access
• Reduces manual review and processing time

Improved Customer Experience Simplifies data sharing for end users.

• Fewer steps and less friction
• Higher completion and approval rates