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Yodlee provides data aggregation and analytics for banks, fintechs, and retail clients. It collects financial data from multiple sources, normalizes it, and offers tools for wealth management, financial wellness, and personalized advice. Access is via APIs and dashboards, with products like transaction enrichment, asset classification, and virtual financial assistants. Its goal is to turn raw data into actionable insights that improve customer engagement and financial decision-making.
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
201-500
Company Stage
Acquired
Total Funding
$240.3M
Headquarters
Tredyffrin Township, Pennsylvania
Founded
1999
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Medical (High Deductible Health Plan, Kaiser HMO and PPO), Dental, Vision
401(k) Match
On-site Flu Shots
On-site Biometrics Screening
Employee Assistance Program (EAP)
Life Insurance and AD&D
Short and Long Term Disability
On-site Gym
Fully Stocked Kitchen
Tuition Reimbursement
Employee Referral Bonus
Casual Dress Code
Mobile Reimbursement
Alkami Technology has integrated with Yodlee to transition data aggregation services to the Financial Data Exchange API standard, moving away from screen scraping towards more secure data sharing. The integration uses OAuth 2.0 authentication and is built into Alkami's digital banking platform. The partnership aims to improve performance, reduce friction and strengthen user control for financial institutions. Alkami positions itself as one of few digital banking platforms offering direct FDX API integrations at scale with major aggregators. The integration expands Alkami's aggregator ecosystem, delivering broader connectivity and enhanced data sharing for banks and credit unions. Gate City Bank, an early adopter, reported improved security and user experience with fewer disruptions. The collaboration reflects both companies' commitment to helping financial institutions deliver secure, reliable digital experiences through industry-standard data-sharing methods.
Envestnet, Inc. has agreed to sell its subsidiary Yodlee, Inc. to private equity firm STG. The transaction, expected to close in Q3 2025, will allow Yodlee to focus on growth under STG's management. STG, with over $12 billion in assets, plans to enhance Yodlee's innovation and market presence. Envestnet will continue to partner with Yodlee, focusing on its core wealth management platform. Legal and financial advisors for the deal include Paul Hastings LLP, KPMG LLP, Jefferies LLC, and BofA Securities.
Anur joins from Yodlee, the data aggregation and analytics subsidiary of Envestnet, where he served as COO for over five years.
In November this year, open banking, data aggregation and analytics platform Yodlee, will turn sixteen in Australia. Yodlee launched on Aussie soil in November 2008, initially providing the white label Personal Financial Management application behind ANZ’s budgeting, financial management and investment planning tool – MoneyManager, and the landscape and Yodlee’s impact on Australia’s finance sector has evolved immeasurably ever since.From an industry perspective, Australia’s fintech sector has grown to a sizeable $45 billion; 2017 saw the launch of the Royal Commission into the banking, superannuation and financial services industries – which sparked an overhaul of the finance sector, putting integrity and customer centricity at the heart of everything it did; and in July 2020, the Consumer Data Right (CDR), otherwise known as open banking, launched in Australia. The period has also witnessed the advent of disruptive financial technologies like personal financial management platforms (PFMs), cryptocurrencies, BNPL, alternative lenders and many more.Yodlee’s own local footprint has evolved considerably. After launching as part of ANZ’s Money Manager, Yodlee has supported many key local industry players to develop new innovative tools that help Aussies better understand their finances. Its local product suite has grown to include flagship tools like Credit Accelerator, which leverages alternative lending data to create competitive offers, minimise risk, streamline the loan application process, and increase loan completion; as well as its fully accredited open banking User Interface solution FastLink 4, and Instant Account Verification which verifies financial accounts instantly.Furthermore, Yodlee’s Machine Learning-powered Transactional Data Enrichment (TDE) product means consumers can receive a greater level of clarity into their financial transactions. TDE augments and refines financial transaction data by adding a simple description, merchant name, category, and geolocation in a contextualised manner based on learnings from millions of transactions.In 2021, Yodlee perhaps achieved its most significant local milestone: becoming an Accredited Data Recipient and Intermediary under Australia’s Consumer Data Right (CDR).From screen scraping to open bankingPart of Australia’s move towards an open banking landscape has meant shifting from more traditional, manual screen scraping practices to digitised, API-driven ones
The finalists for Australia’s 2024 Finnies fintech business awards have been announced.The Finnies celebrates achievements across the various components of the fintech industry and among the services that support them.This year’s awards drew over 322 entries across 19 categories, creating a shortlist of 154 finalists.The Finnies is judged over two intense rounds involving over 70 experts from across the fintech ecosystem.For the first round, over 30 judges from across the fintech industry scrutinise all entries to create this year’s pool of finalists for each category.From here, a second round of judging will commence and another 40 new judges will pour through the finalists entries to pick one winner for each category.The winners will be announced at Doltone House in Jones Wharf on 6 June 2024.THE FINALISTS:1. BEST WORKPLACE DIVERSITYAssuranceLabBizcapEML PaymentsMYOBNovattiPokitPalTRAction2. EXCELLENCE IN ESTABLISHING GLOBAL MARKET PRESENCEAssuranceLabCake EquityData ZooEzyRemit WorldwideEmployment HeroFinmoLakeba GroupStables3. EXCELLENCE IN INDUSTRY COLLABORATIONS & PARTNERSHIPSAdatree, MogoPlus & Central Murray Credit Union – read herePaydock & Commonwealth Bank – read hereConnectID, Commonwealth Bank, NAB, Westpac & ANZDownsizer and Deposit Power – read hereElemnta and Colonial First State (CFS) – read hereHutly and Real Estate Institute of Victoria (REIV) – read hereHOPE Housing Fund Management and Police BankZepto and OZEDI – read here4. EXCELLENCE IN BUSINESS LENDINGBanjo LoansBizcapKashcadeLeaselabLumi FinanceProspaTYRO PaymentsValiant Finance5. EXCELLENCE IN CONSUMER LENDINGBeforepayBlock EarnerCarClarityDrivaMONEYMENimo IndustriesOwnHomePennant TechnologiesWisr6
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Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
201-500
Company Stage
Acquired
Total Funding
$240.3M
Headquarters
Tredyffrin Township, Pennsylvania
Founded
1999
Find jobs on Simplify and start your career today