Yodlee

What Yodlee does

Yodlee is a US-based financial data aggregation and analytics platform founded in 1999 and currently privately held following its September 2025 acquisition by private-equity firm STG (Strategic Technology Group) from Envestnet. The company's core technology is a cloud-based platform that connects to 19,000+ financial data sources and processes 601M+ consumer accounts, with claimed >91% direct connections using OAuth 2.0-based authentication and FDX API standards. Yodlee monetizes through a mix of subscription data-aggregation services, usage-based API access (developer portal at developer.yodlee.com), data-monetization via ML-powered transaction enrichment, and, since October 2025, FCRA-regulated alternative credit data through its Yodlee Credit LLC Consumer Reporting Agency subsidiary.

Yodlee's product portfolio spans Personal Financial Management (PFM), Wealth Management (Asset Transfer Verification, Advisor View, Smart Plan, Wealth Aggregation), Credit Solutions (Credit Matrix, Credit Meter, Yodlee Credit CRA), Payment Enablement (Account Verification, Fraud & Risk Analytics), Business Financial Management for SMBs, Open Finance APIs, the foundational Data Aggregation engine, and FastLink account-linking technology. The product surface targets five primary customer segments: retail banks, wealth management firms, lenders, merchants/payment providers, and technology providers/fintechs, with a secondary SMB tier. Named enterprise customers span JPMorgan Chase (20+ year relationship), PayPal, American Express, Empower, Navy Federal, Envestnet, M&T Bank, Fifth Third, Axos Bank, Alkami (130M+ accounts via FDX integration), Webull, and Yahoo Finance; the company additionally claims 17 of the 20 largest US banks, 48 of 50 largest wealth/brokerage firms, 500+ largest RIAs, and 1,500+ financial institutions and technology companies in total.

Commercially, Yodlee distributes via direct enterprise field sales, an API-first/developer portal self-serve motion for fintechs, and a channel partner program, supported by a content-marketing engine (podcasts, webinars, case studies, industry events) and a Yodlee Marketplace for complementary fintech integrations. The company maintains approximately 3,000 employees globally (52% US, 48% primarily India via wholly owned Yodlee Infotech Private Limited), with additional offices in Canada, Australia, and the UK, and was most recently led through a CEO transition to Farouk Ferchichi concurrent with the STG acquisition. Holdings of SOC 2 Type 2, ISO 27001, GDPR, CCPA, NACHA, FDX, and FCRA-CRA compliance underpin its ability to operate in regulated financial-data workflows.

Name

Yodlee

Legal name

Yodlee, Inc.

Website

https://yodlee.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Yodlee is a US-based financial data aggregation and analytics platform, founded in 1999, connecting 19,000+ data sources and 601M+ consumer accounts via APIs and FastLink for retail banks, wealth firms, lenders, merchants, and fintechs. Now privately held by STG, it monetizes through subscription data services, API usage, and the Yodlee Credit CRA subsidiary.

Ownership category

akta.pro rank

Product category

Open Banking and Financial Data Aggregation

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Computer Processing & Data Preparation (7374), Services-Consumer Credit Reporting, Collection Agencies (7320), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Credit & Underwriting Data Services (alt data feeds, affordability, bureau augmentation) (FSAGACAH)

akta.pro secondary industries

Data Platforms & Modern Data Stack Services (Lakehouse, DW, MDM) (BPAEAHAC), Consumer Credit Decisioning & Underwriting Platforms (FSAKAKAG), Expense Tracking & Financial Dashboards (FSAGADAB)

Keywords

• Financial data aggregation
• Open banking APIs
• Transaction enrichment
• Account verification services
• Cashflow underwriting data

Headquarters

HQ city

Redwood City

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Data Aggregation Services: Yodlee generates revenue through providing financial data aggregation services to financial institutions, banks, wealth management firms, and fintechs. The platform connects to 19,000+ data sources and provides enriched, categorized transaction data. Revenue is derived from API usage, data access fees, and subscription-based arrangements with enterprise clients.
2. API Access and Developer Services: Revenue generated from providing API access to Yodlee's financial data platform, including data aggregation, account verification, and enrichment APIs. Developers and financial institutions pay for integration and ongoing API usage.
3. Credit Data Solutions: Through subsidiary Yodlee Credit LLC operating as a Consumer Reporting Agency (CRA) under FCRA, Yodlee provides alternative credit data solutions including cashflow underwriting and credit risk assessment to lenders, generating revenue from data licensing and API access.
4. Transaction Data Enrichment: Revenue from providing enriched transaction data with categorization, merchant details, logos, and spending insights to financial institutions and merchants.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Yodlee provides a cloud-based financial data aggregation and analytics platform that connects to 19,000+ data sources via APIs, enabling financial institutions to access enriched transaction data, perform account verification, conduct cashflow underwriting, and deliver personalized digital experiences. The platform serves banks, wealth management firms, lenders, fintechs, and merchants through data aggregation, transaction enrichment, risk analytics, and credit decisioning products.

Product overview

Yodlee is a data aggregation and analytics platform for financial service providers with over 25 years of industry leadership. The platform operates as a unified suite of interconnected modules organized around a core data aggregation engine with API-first architecture. The product portfolio includes Personal Financial Management (PFM) for consumer banking engagement, Credit Solutions (encompassing Credit Matrix and Credit Meter sub-products) for cashflow-based lending intelligence, Wealth Management (including Asset Transfer Verification, Advisor View, Smart Plan, and Wealth Aggregation) for advisor and client financial visibility, Business Financial Management for SMB financial operations, Payment Enablement (including Fraud & Risk Analytics) for account verification and payment flows, Open Finance for API-based financial data connectivity, Data Aggregation as the foundational layer connecting to 19,000+ sources, Account Verification for identity and ownership validation, Transaction Data Enrichment for ML-powered categorization, and FastLink as the consumer-facing account linking technology. Yodlee Credit operates as a Consumer Reporting Agency (CRA) subsidiary delivering alternative credit data. The platform serves financial institutions, fintechs, lenders, wealth management firms, and merchants with enterprise-grade data aggregation, intelligent enrichment, and analytics capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Yodlee Credit: Consumer Reporting Agency subsidiary providing alternative credit data and cashflow data solutions under the Fair Credit Reporting Act (FCRA) to help expand credit access for underserved consumers.

Products and services

• Personal Financial Management (PFM) Suite of personal finance applications including Accounts, Spending, Transactions, Goals, Investments, and Budget modules that empower financial institutions to deliver interactive, personalized digital banking experiences to consumers.
• Credit Solutions Cashflow-based credit intelligence solutions that leverage alternative consumer data for credit decisioning, expanding lending opportunities for underserved consumers while reducing risk for lenders.
• Wealth Management Data aggregation and intelligence solutions for wealth firms supporting the full client lifecycle from discovery to engagement, with intelligent data aggregation, direct integrations, and real-time insights into held-away assets.
• Business Financial Management White-label SMB financial management platform providing holistic cashflow views, automated insights, financial health dashboards, and invoice/expense enrichment for small to medium businesses.
• Payment Enablement Account verification and payment solutions enabling fast, secure account ownership checks, ACH processing, fraud prevention, and frictionless digital funding workflows for financial institutions.
• Open Finance API-first data platform providing secure, scalable open finance connectivity with access to 19,000+ global data sources, enabling financial institutions to deliver adaptive, personalized services aligned with FDX and PSD2 standards.
• Data Aggregation Financial data aggregation services connecting to 19,000+ sources with over 91% direct connections, providing enriched, AI-ready data for personalization, lending, and wealth management use cases.
• Account Verification Fast, secure account verification solution validating ownership, balances, and eligibility for transfers with customizable risk analytics and NACHA-compliant processes.
• Transaction Data Enrichment Machine learning-powered transaction enrichment that categorizes, cleanses, and enhances raw transaction data with merchant details, logos, websites, and classifications for improved financial wellness and fraud detection.
• FastLink Secure, open banking-powered account linking technology providing frictionless, intuitive connection experiences with brand flexibility, identity verification, and persistent account linking.
• Yodlee Credit (CRA) Consumer Reporting Agency subsidiary operating under FCRA, providing alternative consumer-permissioned cashflow data solutions for inclusive credit decisioning to lenders and fintechs.

Quantifiable outcome

• Generated 2x more qualified leads for Empower Financial Services using Yodlee's financial behavior insights
• +1 more outcomes

Named customers18 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature9 records

Partnerships

Five partnerships are on record, tiered core and strategic.

• Alkami TechnologycoreTechnology or Integration · 10 June 2026Integration partnership where Yodlee provides FDX API integration for Alkami's digital banking platform, affecting more than 130 million consumer accounts. The integration replaces screen scraping with OAuth 2.0 authentication, improving performance, security, and user experience while reducing login disruptions for financial institutions on Alkami's platform.
• TD BankstrategicStrategic or Co-development Partner · 5 March 2026Panel participation at Open Banking Expo Canada where TD Bank, Yodlee, and Symcor discussed how partnerships will be essential for scaling Open Banking in Canada. Panellists highlighted personal financial management, access to credit, and payments as key use cases for collaboration.
• SymcorstrategicStrategic or Co-development Partner · 5 March 2026Panel participation at Open Banking Expo Canada with TD Bank and Yodlee discussing Open Banking partnerships in Canada. Symcor contributes expertise in payment processing and financial infrastructure to the Canadian open banking ecosystem.
• JPMorgan ChasecoreStrategic or Co-development Partner · 6 November 202520+ year partnership between Yodlee and JPMorgan Chase strengthened through updated Data Access agreement in November 2025. The partnership focuses on enhancing financial wellness solutions and open banking services for US customers, with joint development of innovative solutions shaping the future of open finance. JPMC and Yodlee are developing new solutions for millions of US customers informed by trillions of dollars in spending, income and wealth on the Yodlee platform.
• EnvestnetcoreStrategic or Co-development Partner · 1 July 2015Yodlee was acquired by Envestnet in 2015 to expand financial wellness solutions. The acquisition positioned Yodlee as part of Envestnet's comprehensive wealth management platform ecosystem, combining data aggregation with financial wellness capabilities.

Scale indicators15 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Plaid: Plaid is a leading financial data aggregation platform connecting bank accounts to applications, serving thousands of fintechs and financial institutions. Direct competitor to Yodlee in account linking, data aggregation, and identity verification, with overlapping customer base across fintech and banking segments.
• MX Technologies: MX provides financial data aggregation, analytics, and personal financial management tools for financial institutions and fintechs. Directly competes with Yodlee across aggregation, PFM, and money management use cases with similar enterprise FI target market.
• Finicity (Mastercard): Finicity, acquired by Mastercard, provides financial data aggregation APIs and credit decisioning tools. Direct competitor in account verification, aggregation, and cashflow underwriting with strong backing from Mastercard's distribution and resources.
• Akoya: Akoya is a data access network enabling secure financial data sharing under open banking principles. Competes with Yodlee in API-based financial data connectivity, particularly in the FDX-aligned open banking ecosystem with similar FI client base.

Broad incumbents

• Envestnet: Envestnet is a wealth management technology platform and former parent of Yodlee (sold to STG in 2025). Comparable as it embeds Yodlee aggregation within its broader wealth platform and competes in the same wealth management segment.
• Mastercard: Mastercard acquired Finicity to build open banking capabilities and competes broadly in financial data and payments infrastructure. Comparable as a large incumbent with overlapping capabilities in account verification, open banking, and credit data services.
• Experian: Experian is a global credit bureau and consumer data analytics company offering credit reporting, scoring, and alternative data solutions. Comparable to Yodlee Credit's CRA positioning and broader consumer financial data aggregation offerings.
• Fiserv: Fiserv is a major financial services technology provider offering account processing, digital banking, and payment solutions to banks and credit unions. Broad incumbent with overlapping capabilities in digital banking data and account infrastructure.
• Jack Henry & Associates: Jack Henry provides core banking and digital banking solutions (Banno) to community banks and credit unions, including account aggregation functionality. Broad incumbent competing for the same retail banking and credit union customers as Yodlee.
• Intuit (Credit Karma): Intuit owns Credit Karma, a consumer financial platform with aggregation, credit monitoring, and lending marketplace capabilities. Broad incumbent with consumer-facing aggregation products that compete indirectly with Yodlee's PFM offerings.

Market position

Strengths5 records

Weaknesses6 records

Competitive moat8 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/yodlee
• Xx.com/Yodlee
• Facebookfacebook.com/Yodlee

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds5 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yodlee