SOURCE: Yodlee Interactive

Yodlee Interactive

May 02, 2013 03:00 ET

Yodlee Interactive Fuels Largest European FinTech Incubator With Level39 Partnership

Company Will Provide Its Secure API to Entrepreneurs and Startups Seeking to Build Services Using Financial Data

LONDON--(Marketwired - May 2, 2013) - Yodlee continues to drive financial innovation around the world, announcing today a partnership with Europe's largest FinTech accelerator, the newly launched Level39, which is located at Canary Wharf. The partnership extends Yodlee's proven data platform to Level39's financial startup members, helping them bring new, digital services and apps to market faster than ever before.

The Level39 partnership is through Yodlee's Interactive group, which works with hundreds of entrepreneurs, developers, and other partners to create and distribute new financial innovations powered by unique, transactional data.

The new partnership will offer Level39 startup members access to Yodlee Interactive's Application Programming Interfaces -- APIs which securely connect applications with users' financial accounts (i.e. banks, credit/debit cards, investments, loans, bills, and rewards) -- to power innovative financial apps. Already, Yodlee's API powers three of the fastest growing startups: OnTrees (the U.K.'s #1 financial app in the Apple App Store), EZBOB, and FreeAgent.

"We are very pleased to host Yodlee's Innovation Programme at Level39, as together we can help accelerate the creation of new solutions in the fintech space," says Eric van der Kleij, Head of Level39. "Level39's startup members will not only gain access to Yodlee Interactive's secure APIs, but the real magic is enabling our members to access and work with a range of anonymised datasets from Yodlee, which they can use to help create the next wave of applications and solutions in the fintech space. We're looking forward to supporting the progress of the Yodlee incubatees here at Level39."

"We're excited to partner with Level39, as they help startups and accelerator programs build inspiring and creative new business opportunities," says Jason O'Shaughnessy, Vice President of Yodlee Interactive. "Yodlee's trusted and secure network will help these innovators leverage financial data, and bring consumers in the U.K. engaging and personalized digital experiences."

To learn more about leveraging Yodlee Interactive technology and services to build next-generation financial apps and services, visit http://www.yodlee.com/developers-and-alliances/become-a-yodlee-developer/ or email interactive@yodlee.com.

About Yodlee & Yodlee Interactive
Yodlee is the platform for financial innovation. More than 600 companies globally, including 7 of the top 10 US financial institutions, rely on Yodlee to power personalized financial apps and services for millions of consumers, driving retention, engagement, and revenue. Leveraging the industry's largest data platform, Yodlee also delivers real-time insight into consumer behaviors to create more dynamic interactions -- anywhere, anytime, on any device.

Yodlee Interactive is focused on making the Yodlee platform available everywhere that value can be created by entrepreneurs, partners, and developers building digital financial apps and services. As the architects of a new digital ecosystem, Yodlee Interactive optimizes the wisdom of the financial technology crowd to create, catalyze, and distribute innovations faster through an open and secure data API. Used by hundreds of companies, both small and large, Yodlee Interactive is the horsepower behind today's coolest and most personalized digital experiences.

Yodlee is headquartered in Redwood City, California. For more information, visit www.yodlee.com.

Contact Information

  • Media Contact
    VSCpr for Yodlee Interactive
    Kayvan Farzaneh
    Email Contact
    1-415-677-9125