Yodlee IPO
Yodlee was a financial data aggregation company that provided account aggregation and financial data services to banks, fintech companies, and financial institutions. The company was a pioneer in open banking and financial data connectivity before being acquired by Envestnet in 2015.
Key Facts
| Industry | Financial Data Aggregation |
| Founded | 1999 |
| Headquarters | Redwood City, CA |
| Employees | ~1,500 |
| Website | yodlee.com |
| Funding | Acquired by Envestnet in 2015 for $590M |
About Yodlee
Yodlee pioneered account aggregation and financial data connectivity, providing APIs and infrastructure that enable banks, fintech companies, and financial institutions to access and analyze consumer financial data across thousands of financial institutions. The company's platform processes billions of financial transactions annually, offering services including account verification, transaction categorization, and financial wellness tools that power personal financial management applications.
Before being acquired by Envestnet in 2015 for $590 million, Yodlee established itself as a foundational layer of the fintech ecosystem, enabling everything from budgeting apps to robo-advisors to access consumer banking data. The company's technology stack includes screen scraping, direct API connections, and data enrichment services that transform raw financial data into actionable insights. Yodlee's infrastructure continues to support major financial institutions and fintech startups in delivering personalized financial services, though it faces increased competition from newer players like Plaid in the open banking movement.
IPO Status
Yodlee was acquired by Envestnet in August 2015 for approximately $590 million in cash. The acquisition was part of Envestnet's strategy to expand its financial technology platform and data capabilities for wealth management and financial advisory services. Prior to the acquisition, Yodlee had been a publicly traded company on NASDAQ under ticker YDLE after going public in 2014. The company was considered a leader in financial data aggregation and account connectivity services, which made it an attractive acquisition target as the fintech industry expanded.
Competitors
Frequently Asked Questions
Does Yodlee have a stock?
Yodlee had an IPO in 2014 but is no longer independently public. The company was acquired by Envestnet in 2015 for approximately $590 million.
When is the Yodlee IPO date?
Yodlee completed its IPO in 2014 but was subsequently acquired by Envestnet in 2015. There will be no future IPO as it's no longer an independent company.
How can I buy Yodlee stock?
You cannot buy Yodlee stock as it was acquired by Envestnet in 2015. You could potentially buy Envestnet stock (NYSE: ENV) which owns Yodlee's assets and technology.
Don't Miss the Next Big IPO
Get notified when the next major company files for an IPO. Daily alerts delivered to your inbox.
Get IPO Alerts