Loading organizations...
Yodlee develops a platform for financial data aggregation, empowering institutions and fintech companies to transform data into actionable insights. Its core offering provides secure, connected financial data, enabling clients to anticipate consumer needs, personalize experiences, and manage assets. The company delivers enriched transaction data, facilitating smarter decisions across the financial ecosystem.
Yodlee was founded in 1999 by Venkat Rangan. His initial insight aimed to provide a centralized platform for users to view all financial accounts in one place, pioneering data aggregation. This vision simplified personal finance management, offering a holistic view of an individual's financial standing and laying groundwork for open finance.
The company serves a broad clientele, including banks, financial service providers, and technology innovators leveraging its data solutions. Yodlee's overarching vision empowers consumers and businesses through personalized financial insights that help achieve financial goals. It drives innovation in open finance, connecting data to create more intelligent and accessible financial services.
Yodlee has raised $41.0M across 2 funding rounds.
Key people at Yodlee.
Yodlee was founded in 1999 by Sukhinder Singh Cassidy (Co-founder and SVP, Business Development).
Yodlee has raised $41.0M in total across 2 funding rounds.
Key people at Yodlee.
Yodlee is a leading financial data aggregation and analytics platform that enables financial institutions, FinTech companies, and enterprises to access enriched data from over 17,000 global sources, including 1,500+ financial institutions and 15 of the top 20 U.S. banks.[1][2][4] It serves banks, wealth managers, lenders, and FinTech innovators by solving the challenge of fragmented financial data, delivering unified views, AI-powered insights, fraud detection, and tools for better lending, financial wellness, and personalized services—powering apps for tens of millions of consumers while generating around $110M in revenue.[1][4][5] Recently acquired by STG from Envestnet, Yodlee continues expanding into healthcare data analytics, enhancing its role in secure, connected data ecosystems.[1][4][5]
Founded in 1999 in Redwood City, California, during the dot-com boom, Yodlee pioneered financial data aggregation with proprietary algorithms to compile and categorize transactions from diverse sources into a single, accurate interface.[2][3][4] Early traction came from partnerships with major players like AOL, Bank of America, Fidelity, JPMorgan Chase, and Merrill Lynch, serving millions worldwide across the U.S. and Europe.[2] It went public, raised $201M, and evolved from basic aggregation to advanced analytics; acquired by Envestnet in 2015 for private scaling, and most recently sold to STG (Symphony Technology Group) in a move announced via Envestnet press release to fuel further software and data innovation under the same team.[2][5] Headquartered now in Raleigh, North Carolina, this journey reflects adaptation from dot-com roots to FinTech leadership.[1][3]
Yodlee rides the open finance and FinTech democratization wave, where real-time, consented data access fuels embedded finance, AI-driven personalization, and regulatory shifts like open banking.[3][4][6] Timing aligns with post-2020 data privacy evolutions (e.g., PSD2 in Europe) and rising demand for alternative credit data amid economic uncertainty, positioning it to extend lending to underserved "credit invisibles" and integrate with rising AI tools.[5] Market forces like FinTech-bank partnerships and healthcare digitization favor its neutral aggregator status, influencing the ecosystem by setting standards for secure data exchange—much like Plaid but with deeper legacy scale—and enabling innovators to build without recreating data infrastructure.[2][4][7]
Under STG's private equity backing, Yodlee is poised to accelerate AI enhancements, healthcare expansion, and global open finance plays, potentially targeting $200M+ revenue through Credit Matrix growth and new verticals like business financial management.[1][5] Trends like agentic AI for finance, regulatory data portability, and wellness-focused apps will shape its path, evolving its influence from backend enabler to frontline innovator in personalized, predictive services. This builds on its pioneer status, unlocking data's full potential for a more inclusive financial future.[3][4]
Yodlee has raised $41.0M across 2 funding rounds. Most recently, it raised $35.0M Series U in June 2008.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2008 | $35M Series U | — | IVP | Announced |
| Jun 1, 2006 | $6M Series U | — | IVP | Announced |
Yodlee was founded in 1999 by Sukhinder Singh Cassidy (Co-founder and SVP, Business Development).
Yodlee has raised $41.0M in total across 2 funding rounds.
Yodlee's investors include IVP.
