@yodlee.com
Envestnet | Yodlee® is the leading data aggregation and analytics platform enabling innovation and insights for financial service providers.
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About
Description
Envestnet | Yodlee is a financial data aggregation and analytics platform based in the United States. It was founded in 1999 by Sam Inman and Venkat Rangan in Redwood City, California. The company's headquarters are currently located in Redwood City, with additional offices in Bangalore, India.
Envestnet | Yodlee's main product is the Envestnet | Yodlee Platform, which allows financial institutions, fintech companies, and developers to access and analyze financial data from various sources. The platform offers a range of data solutions, including account aggregation, financial wellness, risk assessment, and predictive analytics. On a global scale, Envestnet | Yodlee has a significant presence.
The company serves over 1300 financial institutions and fintech companies worldwide, processing billions of transactions and providing financial data for millions of consumers. Additionally, the company has formed partnerships with major players in the financial industry, including banks, wealth management firms, and insurance companies. Envestnet | Yodlee has several subsidiaries and joint ventures that contribute to its global operations.
In 2015, Envestnet acquired Yodlee, a leading data aggregation platform, and integrated it into its services. The acquisition allowed Envestnet | Yodlee to enhance its capabilities in data aggregation, analytics, and machine learning. In terms of market position, Envestnet | Yodlee is a recognized leader in financial data aggregation and analytics.
The company has been ranked as the top financial data provider for several years and has won numerous industry accolades. It faces competition from other data aggregators like Plaid and MX Technologies but has maintained a strong position due to its robust technology, extensive data coverage, and industry partnerships. Over the years, Envestnet | Yodlee has achieved significant milestones and undergone strategic changes.
In addition to the acquisition of Yodlee, the company has expanded its product offerings to include solutions for financial wellness and risk assessment. These expansions have helped the company capitalize on the growing demand for data-driven insights and digital financial services. As of the latest updates, Envestnet | Yodlee continues to innovate in the financial data space.
The company recently announced partnerships with leading banks and fintech firms to drive financial inclusion and improve access to financial services. Envestnet | Yodlee is poised to maintain its position as a leader in data aggregation and analytics as it adapts to evolving market trends and customer needs
Company Type
Public Company
Company Size
1001-5000
Year Founded
1999
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