FOLO supports: Assets: Investments- stocks, mutual funds, Bank Balance, retirement funds (EPFO, NPS), and properties* Liabilities: Loans, credit cards, and debts. Insurance: Life, health, motor, and non-life policies. (Coming soon on FOLO) *in Mumbai currently

Absolutely, FOLO employs end-to-end encryption, secure APIs, and multi-factor authentication, adhering to industry-best practices to ensure your financial data remains private and secure. As a SEBI-regulated entity, we adhere to stringent regulatory standards and best practices.

FOLO securely connects to your bank and investment accounts via Account Aggregation APIs and direct integrations with Data Custodians as a Financial Information User (FIU) on explicit user consent. This encrypted process fetches real-time financial data, ensuring accuracy and reliability. 

FOLO calculates your NetWorth by aggregating data on assets and liabilities. Using the formula Net Worth = Total Assets - Total Liabilities, we calculate NetWorth on best effort basis with available data.

Knowing your net worth empowers you to take control of your finances, make informed decisions, and gain peace of mind about your financial future.

NetWorth is the difference between what you own (assets) and what you owe (liabilities). It’s a key measure of your financial health and helps you plan for your future.