What is Yodlee, and is it safe to use?
From Yahoo Finance: 2025-05-01 09:00:00
In the world of personal finance, fintech companies like Yodlee power apps and websites to help manage money. Yodlee, founded in 1999, connects financial institutions, apps, and websites. It enables displaying account balances, tracking savings, and more. Yodlee ensures data protection through anonymization, audits, security teams, and monitoring.
Yodlee dominates online personal finance management, used by top U.S. banks and financial institutions worldwide. Companies like American Express, Chase, PayPal, and Personal Capital rely on Yodlee for various financial functions. New platforms like My Money from Yahoo Finance also leverage Yodlee for insightful financial information like net worth and cash flow.
Yodlee provides a wealth of financial data to companies, each using it uniquely. Whether you’re aware or not, Yodlee may be behind the scenes of apps connecting to your financial accounts. Its platform enhances the effectiveness of websites and apps, offering a comprehensive view of your finances.
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