Digio Link

Digio account aggregator (Digio Link) is a financial institution licensed by the Reserve Bank of India (RBI) that helps you securely and digitally access and share information from your various financial accounts with other regulated financial institutions. It acts as a middleman between you and the financial institutions you use, consolidating your financial data from different sources into one place. This data can include information from your bank accounts, investment accounts, insurance policies, and more.
Here’s how it works:
You connect your accounts: You grant the account aggregator permission to access your financial data from specific accounts. This is done through a secure and encrypted process.
The account aggregator fetches your data: The account aggregator retrieves your data from the financial institutions you have connected.
You share your data with other institutions: You can then choose to share your data with other regulated financial institutions, such as banks, lenders, or insurance companies. You have complete control over what data you share and with whom you share it.
Account aggregators offer several benefits, including:
Convenience: You can view all your financial information in one place, making it easier to track your spending, manage your budget, and make informed financial decisions.
Security: Your data is encrypted and secured by the account aggregator, so you can be confident that it is safe.
Control: You have complete control over what data you share and with whom you share it.
Efficiency: Account aggregators can help you save time and effort by streamlining the process of sharing your financial data with other institutions.