- Yodlee
Yodlee, headquartered in
Redwood City, CA , is a company that providesaccount aggregation and other online financial services. Yodlee allows users to see their credit card, bank, investment, email, travel reward accounts, etc. on one screen. Since June 27, 2006, Yodlee has offered its Yodlee MoneyCenter web application. [cite press release |title=Yodlee Launches Suite Of Next-Generation Online Banking Applications: Yodlee MoneyCenter |publisher=Yodlee|url=http://corporate.yodlee.com/company/press_room/previous/2006/06/yomoneycenter.html|date=27 June 2006 |accessdate=2008-04-06]Yodlee has offices in the
United States ,United Kingdom , andIndia . Yodlee's headquarters is in the US.The company is a leader in personal finance and
Mobile Banking . Yodlee MoneyCenter is a popular web application that allows consumers to manages their finances online. It is a free web application that provides much of the popular personal finance functions of Intuit's Quicken with features such as bill payment, expenses tracking, and investment management.Privacy
Yodlee's Privacy Policy FAQ references TRUSTe and the FTC as additional sources of privacy information, presumably relevant to Yodlee's policy. [cite web |url = http://corporate.yodlee.com/ymc_privacy.shtml |title = Privacy Policy: Who can I contact if I have any questions regarding my privacy? |accessdate = 2008-10-04] However, the supplied TRUSTe validation link fails, [cite web |url = http://www.truste.org/validate/4240 |title = (supplied link to TRUSTe validation) |accessdate = 2008-10-04] and the TRUSTe site does not list Yodlee as a current sealholder. [cite web |url = http://www.truste.org/about/member_list.php#Y |title = TRUSTe - Make Privacy Your Choice: Who's on the list?, section Y |accessdate = 2008-10-04]
A request made in October, 2008 for additional information regarding Yodlee's privacy policy and TRUSTe status is outstanding.
Partners
Yodlee works with several partners as a service provider. This includes websites like
Mint.com and several large banks and financial institutions. Bank of America's My Portfolio service is powered by Yodlee. Citibank, AOL and Wachovia have discontinued the Yodlee service.Investors
Yodlee has gone through multiple rounds of financing. In a press release in June 2008, it was announced that Bank of America led a $35 million financing and existing Yodlee investors, including its largest shareholder Warburg Pincus along with Accel Partners and Institutional Venture Partners also participated in the financing round. Yodlee will use the proceeds of the new funding to expand deployment capabilities of its BillPay software and services and accelerate sales of the technology.
External links
* [http://corporate.yodlee.com/ Official site]
* [http://corporate.yodlee.com/ymc_privacy.shtml Yodlee Privacy FAQ]
* [http://www.truste.org/about/member_list.php#Y TRUSTe sealhoder search]
* [http://www.finextra.com/fullstory.asp?id=18546 Financing news]Notes
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