FOLO
FOLO is a net worth tracking and financial aggregation app that unifies bank accounts, mutual funds, stocks, EPF, insurance, loans, and real estate onto a single dashboard using India's RBI-regulated Account Aggregator framework. The app offers granular family sharing controls, generates SEBI-accredited investor certificates within 24 hours, and provides CA-certified net worth certificates, serving over 1 lakh families in India.
- Applications
- Financial Technology
- Software Only
Funding
Founders
Product
Problem
Most individuals track their finances across scattered bank apps, broker portals, insurance websites, and spreadsheets, making it difficult to see a complete picture of what they own and owe. SIP amounts are often chosen arbitrarily rather than tied to concrete financial goals, and proving net worth for loans, visas, or SEBI accreditation typically requires time-consuming CA visits and document uploads.
Solution
FOLO provides a consolidated net worth platform that aggregates all financial assets and liabilities — bank balances, mutual funds, stocks, EPF, NPS, PPF, fixed deposits, gold, real estate, credit cards, loans, and insurance policies — into a single unified dashboard. The app connects to user accounts through the RBI-supervised Account Aggregator framework, eliminating the need for CSV uploads, screenshots, or password sharing; data is read-only, revocable, and end-to-end encrypted. FOLO automatically generates net worth statements and SEBI Accredited Investor certificates in partnership with NDML, enabling qualified users to access AIFs, PMS, private equity, and other alternative investments. The platform also offers granular family-sharing toggles, daily net worth insights, cashflow timelines, and account health checks, helping users move from passive tracking to active financial planning.
Target Audience
Primary users are Indian individuals and families seeking a unified view of their financial life, including first-time jobbers, professionals, and retirees, as well as high-net-worth individuals pursuing SEBI accreditation for alternative investment access.
Features
- Account Aggregator-based connectivity supporting banks, mutual funds (CAMS/Karvy), EPF/NPS/PPF, stocks, ESOPs, real estate, gold, credit cards, and all major loan types
- Automated NetWorth Certificate generation in under two hours and SEBI Accredited Investor certification within 24 hours, with pricing at ₹999 and ₹12,999 + GST respectively
- Family sharing with granular per-category visibility toggles, read-only access, and revocable permissions at any time
- End-to-end AES-256 encryption at rest, TLS 1.3 in transit, with no ads, no data brokers, and no password sharing
- Daily net worth change insights, cashflow timeline planning, and account health checks covering nominees, security, and completeness