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Yodlee Announces Global Adoption of Financial Services Platform

REDWOOD CITY, Calif. LONDON Feb. 1, 2011 Europe London

Powering PFM for more than 26 million individuals across the globe, Yodlee combines traditional PFM and payments with the new Yodlee FinApp Store— a financial services application marketplace—to create a personalized and actionable online and mobile money management experience. Yodlee’s European business grew dramatically in 2010, with a number of major European banks choosing Yodlee for their PFM requirements. Continuing the trend in the U.S., Yodlee is powering several of the products and services being demonstrated at FinovateEurope.

Europe the United States

With Yodlee 10 and the Yodlee FinApp Store, European banks and financial services providers have the freedom to innovate and deploy solutions quickly so they can engage customers who might otherwise be overwhelmed by the complexity of monitoring and managing accounts for checking, savings, credit, debit, personal loans, and rewards programs. Yodlee 10 also empowers a personalized online and mobile experience, since nothing is more personal, or individual, than a person’s finances.

Europe

Yodlee will be debuting two new Yodlee FinApp capabilities at FinovateEurope: a secure document and image storage vault, and a conversion tool for porting outside financial data (e.g., from other services or desktop tools) into the online PFM experience.

www.yodlee.com

About Yodlee

Redwood City, California www.yodlee.com

(1) Forrester Research, "The State Of Mobile Banking In Europe 2010: Mobile Banking’s Time Has Finally Come"

Yodlee, Yodlee 10, and Yodlee FinApp Store are trademarks or registered trademarks of Yodlee, Inc.  

SOURCE Yodlee, Inc.

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