yodlee software company

yodlee is an american software company that develops an account aggregation service that allows users to see their credit card, bank, investment, email, travel reward accounts, etc. yodlee’s privacy policy faq references yodlee as a licensee of the truste privacy program. [2] as of 2013, yodlee has over 45 million users, and over 150 financial institutions and portals (including 5 of the top 10 u.s. banks) offer services powered by yodlee. in 2010, yodlee partnered with y combinator, providing its financial services platforms to all y combinator-funded companies. [6] yodlee started operations (and is headquartered) in redwood shores, california.

in 2000, yodlee merged with its main competitor in the data aggregation space, an atlanta-based company called verticalone, which was owned at the time by securityfirst, an internet banking firm. [4] in a press release in june 2008, it was announced that bank of america led a $35 million financing and existing yodlee investors, including its largest shareholder warburg pincus along with accel partners and institutional venture partners participated in the financing round. [9] on october 3, 2014, yodlee went public on nasdaq, trading under the symbol ydle. [10] on august 10, 2015 yodlee sold itself to envestnet for a reported $660 million. in november 2017 token partnered with yodlee for payments and financial data aggregation.

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