TallyEdge, Account Aggregator subsidiary of Tally Solutions

Posted under: MSME
Date: 2023-10-26
TallyEdge, Account Aggregator subsidiary of Tally Solutions

"Tally Solutions, India’s leading business management software company, announces the launch of its subsidiary, Tally Account Aggregator Services Pvt. Ltd., with its product TallyEdge. TallyEdge aims to work closely with banks and NBFCs, which are also called Financial Information Users (FIUs) and Financial Information Providers (FIPs), to help create easy access to the lending ecosystem and other financial services for millions of Indians. India is home to more than 64 million MSMEs. The majority of these businesses and many more millions of individuals do not have access to formal lending and other financial services, owing to a lack of credit history, gaps in paper trails, and weak financial backgrounds. Tally’s leadership position within the MSME ecosystem in the business management software category is a testament to the trust and brand loyalty of MSMEs. With the growing AA network, Tally’s foray is expected to play a critical role in building and expanding this ecosystem further.

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