Yodlee
Also a provider — view Yodlee’s profile →“Can a 25-year-old aggregator reinvent itself as the neutral open-finance data layer for banks and fintechs post-Envestnet?”
Founded1999
HQRaleigh, NC, United States
Latest roundBuyout/LBO (STG, 2025)
IndustryInfrastructure / Open banking
The story
Founded 1999 as one of the original financial data aggregators, Yodlee IPO'd on NASDAQ in 2014 and was acquired by Envestnet in 2015 to power its wealth management data layer. In 2019 it built out an AISP-licensed open banking arm for EU/UK PSD2. In 2025 STG carved Yodlee out of Envestnet as a standalone portfolio company, repositioning it as an independent open finance / data aggregation infrastructure provider competing with Plaid, MX, Finicity and TrueLayer.
Product timeline
1999
Yodlee founded, pioneering financial data aggregation.· pivot
2008
Secured $35M funding led by Bank of America.· funding
2014
IPO on NASDAQ, raising $75M.· ipo
2015
Acquired by Envestnet to expand financial wellness solutions.· acquisition
2019
Launched EU/UK Open Banking AISP service under PSD2.· banking
2025
Joined STG portfolio via buyout, separating from Envestnet.· acquisition
Regulated entities
1
regulatory licence held by Yodlee
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in Yodlee’s embedded-finance stack
Banking / BaaS
Lending
in the full report
Open banking
in the full report
Crypto
in the full report
Accounting gap: none
4 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.