PB Fintech has incorporated a wholly owned subsidiary of the company by the name of ‘PB Financial Account Aggregators’ vide Certificate of Incorporation issued by Registrar of Companies, Central Registration Centre dated February 03, 2022.
PB Financial Account Aggregators shall carry on the business of an ‘Account Aggregator’, thereby undertaking the activity of retrieving or collecting financial information pertaining to its customers and consolidating, organizing and presenting such information to the customer or any other person as per the instructions of the customer (consent based infrastructure). The financial information of the customer cannot be used for any other purpose by the Account Aggregator.
PB Fintech has built India’s largest online platform for insurance and lending products leveraging the power of technology, data and innovation. In 2014, PB Fintech launched Paisabazaar with the goal to transform how Indians access personal credit by accentuating ease, convenience and transparency in selecting a variety of personal loans and credit cards.