TallyEdge is the RBI-licensed Account Aggregator operated by Tally Account Aggregator Services Pvt. Ltd. It is backed by Tally Solutions Pvt. Ltd., founded in 1986 and best known for its accounting software that has become the trusted choice for millions of SMEs in India.
This blog explains how TallyEdge AA works, the range of services it offers, and the benefits it brings to both SMEs and financial institutions.
| Aspect | TallyEdge Account Aggregator Overview |
|---|---|
| Parent Organization | Operated by Tally Account Aggregator Services Pvt. Ltd., backed by Tally Solutions Pvt. Ltd., a pioneer in SME accounting software since 1986. |
| Incorporation & License | Incorporated in 2021; received its NBFC-AA license from RBI in May 2023. |
| Core Services | Secure, consent-based financial data sharing across banks, NBFCs, fintechs, and other financial institutions under the RBI’s AA framework. |
| Target Users | SMEs, banks, NBFCs, fintechs, insurers, and investment platforms seeking efficient and compliant data sharing. |
| Differentiator | Backed by Tally Solutions’ decades-long trust among SMEs; uniquely positioned to bridge accounting expertise with the AA ecosystem. |
| Use Cases | Loan processing, SME income verification, cash-flow based lending, personal finance management, and faster onboarding with financial institutions. |
| Market Position | An emerging AA player leveraging Tally’s massive SME user base, with strong credibility and potential to drive adoption in the MSME segment. |
An Account Aggregator is a framework introduced by the Reserve Bank of India (RBI). It allows users to share their financial data digitally and securely, with consent. Instead of uploading documents or statements, users can grant access through a simple and secure process. If you want to learn more Account Aggregator we have made a comprehensive guide.
By combining regulated AA services with deep SME expertise, TallyEdge positions itself as more than just a utility, serving as a tailored enabler of digital credit access for businesses.
TallyEdge Account Aggregator is a digital platform that allows users to share their financial information securely with their consent, under the RBI’s Account Aggregator framework.
TallyEdge AA helps individuals and businesses share bank and financial data digitally without storing or misusing it.
RBI-regulated Account Aggregator
Consent-based data sharing
No storage of financial data
End-to-end encrypted data flow
TallyEdge Account Aggregator is operated by Tally Solutions, one of India’s most trusted enterprise software companies, widely used by businesses for accounting, GST, and compliance.
This strong background makes TallyEdge AA especially reliable for:
The working of TallyEdge AA is fully digital and user-controlled.
A user applies for a loan or financial product
The lender requests financial data via TallyEdge AA
A consent screen appears showing:
Type of data requested
Purpose of data usage
Duration of access
User selects accounts and approves consent via OTP
TallyEdge AA fetches data securely from banks (FIPs)
Data is shared with the requesting entity (FIUs)
User can revoke consent anytime
TallyEdge AA is especially useful for business lending and MSME finance, but its applications go beyond that.
Business loan approvals
MSME and SME credit assessment
Working capital and overdraft evaluation
Income and cash flow verification
Credit card and trade finance onboarding
Financial analysis for lenders and fintechs
The biggest advantage of TallyEdge is its alignment with SMEs that already use Tally software. Since these businesses manage accounts and compliance on Tally, linking that data securely with financial institutions feels like a natural extension. This reduces duplication of effort and makes financial services more accessible in daily operations.
By combining business records, GST data, and bank information in a structured way, TallyEdge enables lenders to evaluate applicants more efficiently. This is especially useful for small businesses that often face delays or rejections due to limited paperwork or informal records.
TallyEdge supports both sides of the ecosystem. Lenders receive verified financial information in a standardized format, while SMEs improve their chances of securing timely working capital and other credit. Backed by the trusted Tally brand, it holds a strong position in driving adoption among businesses.
MSMEs often face difficulty accessing credit due to lack of formal documentation.
TallyEdge AA solves this by:
Providing real-time bank transaction data
Enabling accurate cash-flow-based lending
Reducing dependency on physical paperwork
Helping lenders assess true repayment capacity
TallyEdge AA enables data-driven MSME lending in India.
Yes. TallyEdge AA follows strict RBI security and privacy guidelines.
End-to-end data encryption
Zero data storage policy
Consent-based access only
User-controlled consent revocation
| Factor | TallyEdge | Digi AA | CRIF Connect | Finvu |
|---|---|---|---|---|
| Network Coverage | Part of Accounting Software giant Tally, they have 21 FIPs with them | Part of Digio, headquartered in Bengaluru they have 12 FIPs live with them | Part of CRIF, headquartered in Pune they have 31 FIPs live with them | Backed by VCs, headquartered in Pune they have 61 FIPs live with them |
| Data Handling | Bridges accounting data with consent-driven financial data flows. | Specializes in consent workflows and smooth integration for fintechs. | Combining their Credit rating data with this gives NBFC more power for risk Assessment | offers unique AA IDs to customers to simplify customer journey end-to-end |
| Role & Flexibility | Focused on SMEs, with their accounting solution | Highly flexible for fintech integrations, especially in onboarding flows. | Using the AA framework with its in-house TSP gives many roles to choice from | Acts as an AA catering to fintechs and institutions, also have a in-house TSP |
| Differentiators | Deep SME reach via Tally software ecosystem. moderate FIP coverage | Has verticals in many fields for better integration but low FIP count of 12 | Unique in combining credit bureau expertise with AA data flows for detailed lending insights. | Early VC support & really large number FIPs onboarded 61 |
MSMEs and small businesses
Business loan applicants
Banks and NBFCs offering MSME credit
Fintech platforms focused on business finance
Chartered accountants and financial advisors
Ans: TallyEdge is an RBI-licensed Account Aggregator operated by Tally Account Aggregator Services Pvt. Ltd. It helps businesses securely share their financial data with banks and lenders, mainly to simplify access to credit.
Ans: TallyEdge is promoted by Tally Solutions Pvt. Ltd., the company behind the famous Tally accounting software used by millions of SMEs across India.
Ans: TallyEdge was incorporated in 2021 and received its NBFC-AA license from the Reserve Bank of India in May 2023.
Ans: While anyone can technically use it, TallyEdge is built mainly for small and medium businesses, especially those already using Tally software for accounting and GST compliance.
Ans: It allows SMEs to share bank and GST data securely with lenders, cutting down paperwork and speeding up loan approvals.
Ans: No. TallyEdge does not store your financial data. It only acts as a secure channel to transfer data between you and the financial institution you give consent to.
Ans: Unlike other AAs that focus on individuals or general use cases, TallyEdge is built specifically for SMEs and directly integrates with the Tally ecosystem.
Ans: Yes. By securely sharing verified financial data like bank transactions and GST records, lenders can make quicker decisions on your loan applications.
TallyEdge has entered the Account Aggregator space with a very specific focus: supporting small and medium businesses by extending the trusted Tally ecosystem into secure, consent-based financial data sharing. Unlike many other AAs that cater to individuals or broad financial use cases, TallyEdge is positioned as a natural fit for enterprises that already manage their accounts, GST, and compliance on Tally software.
By helping SMEs share verified financial data quickly, TallyEdge can reduce paperwork, speed up loan approvals, and open new doors to formal credit. With its roadmap aimed at wider adoption, deeper integration with Tally, and smarter technology, TallyEdge is well placed to play a leading role in transforming how Indian businesses access finance in the years ahead.
A contributor to the Finanjo blog, where I share insightful and easy-to-understand content focused on educating readers about finance. With a clear and approachable writing style, I simplify complex topics to make them more understandable.
TallyEdge is the RBI-licensed Account Aggregator operated by Tally Account Aggregator Services Pvt. Ltd. It is backed by Tally Solutions Pvt. Ltd., founded in 1986 and best known for its accounting software that has become the trusted choice for millions of SMEs in India.
This blog explains how TallyEdge AA works, the range of services it offers, and the benefits it brings to both SMEs and financial institutions.
| Aspect | TallyEdge Account Aggregator Overview |
|---|---|
| Parent Organization | Operated by Tally Account Aggregator Services Pvt. Ltd., backed by Tally Solutions Pvt. Ltd., a pioneer in SME accounting software since 1986. |
| Incorporation & License | Incorporated in 2021; received its NBFC-AA license from RBI in May 2023. |
| Core Services | Secure, consent-based financial data sharing across banks, NBFCs, fintechs, and other financial institutions under the RBI’s AA framework. |
| Target Users | SMEs, banks, NBFCs, fintechs, insurers, and investment platforms seeking efficient and compliant data sharing. |
| Differentiator | Backed by Tally Solutions’ decades-long trust among SMEs; uniquely positioned to bridge accounting expertise with the AA ecosystem. |
| Use Cases | Loan processing, SME income verification, cash-flow based lending, personal finance management, and faster onboarding with financial institutions. |
| Market Position | An emerging AA player leveraging Tally’s massive SME user base, with strong credibility and potential to drive adoption in the MSME segment. |
An Account Aggregator is a framework introduced by the Reserve Bank of India (RBI). It allows users to share their financial data digitally and securely, with consent. Instead of uploading documents or statements, users can grant access through a simple and secure process. If you want to learn more Account Aggregator we have made a comprehensive guide.
By combining regulated AA services with deep SME expertise, TallyEdge positions itself as more than just a utility, serving as a tailored enabler of digital credit access for businesses.
TallyEdge Account Aggregator is a digital platform that allows users to share their financial information securely with their consent, under the RBI’s Account Aggregator framework.
TallyEdge AA helps individuals and businesses share bank and financial data digitally without storing or misusing it.
RBI-regulated Account Aggregator
Consent-based data sharing
No storage of financial data
End-to-end encrypted data flow
TallyEdge Account Aggregator is operated by Tally Solutions, one of India’s most trusted enterprise software companies, widely used by businesses for accounting, GST, and compliance.
This strong background makes TallyEdge AA especially reliable for:
The working of TallyEdge AA is fully digital and user-controlled.
A user applies for a loan or financial product
The lender requests financial data via TallyEdge AA
A consent screen appears showing:
Type of data requested
Purpose of data usage
Duration of access
User selects accounts and approves consent via OTP
TallyEdge AA fetches data securely from banks (FIPs)
Data is shared with the requesting entity (FIUs)
User can revoke consent anytime
TallyEdge AA is especially useful for business lending and MSME finance, but its applications go beyond that.
Business loan approvals
MSME and SME credit assessment
Working capital and overdraft evaluation
Income and cash flow verification
Credit card and trade finance onboarding
Financial analysis for lenders and fintechs
The biggest advantage of TallyEdge is its alignment with SMEs that already use Tally software. Since these businesses manage accounts and compliance on Tally, linking that data securely with financial institutions feels like a natural extension. This reduces duplication of effort and makes financial services more accessible in daily operations.
By combining business records, GST data, and bank information in a structured way, TallyEdge enables lenders to evaluate applicants more efficiently. This is especially useful for small businesses that often face delays or rejections due to limited paperwork or informal records.
TallyEdge supports both sides of the ecosystem. Lenders receive verified financial information in a standardized format, while SMEs improve their chances of securing timely working capital and other credit. Backed by the trusted Tally brand, it holds a strong position in driving adoption among businesses.
MSMEs often face difficulty accessing credit due to lack of formal documentation.
TallyEdge AA solves this by:
Providing real-time bank transaction data
Enabling accurate cash-flow-based lending
Reducing dependency on physical paperwork
Helping lenders assess true repayment capacity
TallyEdge AA enables data-driven MSME lending in India.
Yes. TallyEdge AA follows strict RBI security and privacy guidelines.
End-to-end data encryption
Zero data storage policy
Consent-based access only
User-controlled consent revocation
| Factor | TallyEdge | Digi AA | CRIF Connect | Finvu |
|---|---|---|---|---|
| Network Coverage | Part of Accounting Software giant Tally, they have 21 FIPs with them | Part of Digio, headquartered in Bengaluru they have 12 FIPs live with them | Part of CRIF, headquartered in Pune they have 31 FIPs live with them | Backed by VCs, headquartered in Pune they have 61 FIPs live with them |
| Data Handling | Bridges accounting data with consent-driven financial data flows. | Specializes in consent workflows and smooth integration for fintechs. | Combining their Credit rating data with this gives NBFC more power for risk Assessment | offers unique AA IDs to customers to simplify customer journey end-to-end |
| Role & Flexibility | Focused on SMEs, with their accounting solution | Highly flexible for fintech integrations, especially in onboarding flows. | Using the AA framework with its in-house TSP gives many roles to choice from | Acts as an AA catering to fintechs and institutions, also have a in-house TSP |
| Differentiators | Deep SME reach via Tally software ecosystem. moderate FIP coverage | Has verticals in many fields for better integration but low FIP count of 12 | Unique in combining credit bureau expertise with AA data flows for detailed lending insights. | Early VC support & really large number FIPs onboarded 61 |
MSMEs and small businesses
Business loan applicants
Banks and NBFCs offering MSME credit
Fintech platforms focused on business finance
Chartered accountants and financial advisors
Ans: TallyEdge is an RBI-licensed Account Aggregator operated by Tally Account Aggregator Services Pvt. Ltd. It helps businesses securely share their financial data with banks and lenders, mainly to simplify access to credit.
Ans: TallyEdge is promoted by Tally Solutions Pvt. Ltd., the company behind the famous Tally accounting software used by millions of SMEs across India.
Ans: TallyEdge was incorporated in 2021 and received its NBFC-AA license from the Reserve Bank of India in May 2023.
Ans: While anyone can technically use it, TallyEdge is built mainly for small and medium businesses, especially those already using Tally software for accounting and GST compliance.
Ans: It allows SMEs to share bank and GST data securely with lenders, cutting down paperwork and speeding up loan approvals.
Ans: No. TallyEdge does not store your financial data. It only acts as a secure channel to transfer data between you and the financial institution you give consent to.
Ans: Unlike other AAs that focus on individuals or general use cases, TallyEdge is built specifically for SMEs and directly integrates with the Tally ecosystem.
Ans: Yes. By securely sharing verified financial data like bank transactions and GST records, lenders can make quicker decisions on your loan applications.
TallyEdge has entered the Account Aggregator space with a very specific focus: supporting small and medium businesses by extending the trusted Tally ecosystem into secure, consent-based financial data sharing. Unlike many other AAs that cater to individuals or broad financial use cases, TallyEdge is positioned as a natural fit for enterprises that already manage their accounts, GST, and compliance on Tally software.
By helping SMEs share verified financial data quickly, TallyEdge can reduce paperwork, speed up loan approvals, and open new doors to formal credit. With its roadmap aimed at wider adoption, deeper integration with Tally, and smarter technology, TallyEdge is well placed to play a leading role in transforming how Indian businesses access finance in the years ahead.
A contributor to the Finanjo blog, where I share insightful and easy-to-understand content focused on educating readers about finance. With a clear and approachable writing style, I simplify complex topics to make them more understandable.
