Sahamati driving Open Finance with Account Aggregator

Sahamati driving Open Finance with Account Aggregator

FinTech
Small (Likely less than 50 employees, given its non-profit and collaborative nature)

Overview

Sahamati is a non-profit collective that promotes and enables the adoption of Account Aggregator (AA) framework in India. They are focused on building a robust and secure Open Finance ecosystem by providing technical specifications, certification processes, and fostering collaboration among various stakeholders, including banks, NBFCs, fintech companies, and technology providers.

About Us

Sahamati is a collective of the Indian financial ecosystem, working to build a robust Account Aggregator (AA) ecosystem. It was formed to support the implementation of the Reserve Bank of India's (RBI) framework for Account Aggregators. Sahamati works on standards, certification, and adoption of the AA framework.

Vision

To create a world-class Open Finance ecosystem in India, empowering individuals and businesses with greater control over their financial data and enabling access to personalized financial services.

Mission

To enable secure and seamless data sharing within the Indian financial ecosystem through the Account Aggregator framework, fostering financial inclusion and innovation.

Culture

Sahamati fosters a collaborative and open culture, encouraging innovation and knowledge sharing among its members. They prioritize transparency, security, and ethical data practices in the development and implementation of the Account Aggregator framework.

Headquarters

Bengaluru, KARNATAKA

Specialties & Industries

Account AggregatorOpen FinanceData Empowerment and Protection Architecture (DEPA)API StandardsFinancial Data SharingRegulatory ComplianceFintech InnovationEcosystem DevelopmentFinancial ServicesSoftware DevelopmentConsultingRegulatory ComplianceB2B