Redwood City, Calif. - July 5, 2011 - Yodlee, Inc., the leading provider of online personal financial management (PFM) and revenue-generating payments solutions today announced it has surpassed 30 million registered users of Yodlee-powered products and services worldwide. This is a significant milestone for Yodlee, who for more than 12 years has delivered the online financial management solutions on which financial institutions and portals - and their customers - depend.
Yodlee works with the top global financial institutions and portals to deliver flexible applications and delivery platforms that empower consumers and small businesses to track and manage their financial affairs, from budgeting to account balancing, funds transfer, and bill payment.
"Seeing the next generation of digital financial services being powered on the Yodlee platform is very exciting, and strong validation of our commitment to sustained innovation," said Joseph Polverari, Yodlee's Chief Marketing and Strategy Officer. "The rapid growth we're seeing in registered users leaves no doubt that online banking is rapidly transforming into PFM, empowering users to quickly and easily understand and manage all their finances through highly personalized, app based functionality, like Yodlee FinApps™. Innovation in financial services can now move safely and securely, at Internet speed."As the pioneer and leading provider of the technologies and solutions powering the majority of all online PFM users today, Yodlee has a broad portfolio of granted patents and many more in application, including issued patents covering:
For more information about Yodlee FinApps™ and other Yodlee products and services, visit yodlee.com.
Leading financial institutions trust Yodlee to power critical online financial applications. Yodlee's personal financial management, payments, and customer acquisition solutions unify all personal financial account information to deliver a simple, centralized and secure source for consumers to manage all of their financial tasks anytime, anywhere. Yodlee makes financial institutions' websites essential to their customers and generates new revenue opportunities. Yodlee's patented data, payments and risk management utility supports more than 12,000 account sources and over 120,000 different account types. More than 300 leading financial institutions and portals today offer Yodlee-powered solutions to millions of customers worldwide. Yodlee operates in the United States and Europe and is headquartered in Redwood City, California. For more information, visit www.yodlee.com.
Melanie Flanigan, Yodlee at (650) 980-3707, or email to mflanigan@yodlee.com
Yodlee is a registered trademark of Yodlee, Inc. All other trademarks are the property of their respective owners.