teaming-up-with-pocketmoney-in-switzerland

Teaming up with PocketMoney in Switzerland

We’re happy to announce today we’re partnering with the Swiss-based company PocketMoney, furthering our global presence. PocketMoney assists everyday consumers manage their finances, helping to further achieve financial goals and ambitions. PocketMoney was founded in 1994 with the aim of promoting better understanding of long-term financial management and encouraging critical thinking around financial wellness. To date, the company has reached over 1 million end-customers globally. PocketMoney has been extremely innovative since launch, becoming the first Personal Finance App to launch on the Apple Newton device, and has since continued to help consumers track their finances across all mobile devices since.

Giuseppe Tondini is the CEO of PocketMoney. He spoke highly of the new partnership: "Envestnet | Yodlee has allowed us to cover with their data API, over 90% of our users worldwide. In fact, although we are based in Switzerland, our user base has a strong concentration in the United States and a minor presence scattered around the world. Finding a partner with a strong presence in the United States was therefore a priority for us, yet at the same time, we also needed a company which could deliver on a worldwide basis, helping us on the future implementation of the API with PSD2 regulated countries as well.”

PocketMoney will implement Envestnet | Yodlee’s suite of intuitive and developer friendly APIs along with access to 22,500 globally supported sites, right from the get go – no delay on the developer side. Further, they’ll be able to mould the API to their own unique use case – helping consumers all over the world engage, build and improve their financial wellness.

Envestnet | Yodlee’s Jason O’Shaughnessy talked about what makes PocketMoney such an innovative solution: “Consumers have long struggled with their finances and the longevity of companies like PocketMoney are a testament to that. Now powered by the Envesntet | Yodlee APIs, PocketMoney will be able to help customers in more corners of the world in a far easier way.”

Envestnet | Yodlee Data aggregation APIs allow customers to access both PSD2 and wider Open Finance institutions in a seamless and secure manner with the highest levels of security and customer experience.

Our APIs allow for enrichment of data, so our clients do not have to focus on building additional layers on top of the data before being able to serve their customer base.

Envestnet | Yodlee allows access to more than 22,500 institutions globally which means we unlock the ability for companies like PocketMoney to scale globally.

To learn more about how Envestnet | Yodlee is helping FinTechs innovate, visit our Financial Data, Apps, and APIs landing page.