Envestnet | Yodlee Unveils Enhanced Developer Portal For Fast Creation of Digital Financial Wellness Experiences and FinTech Apps
Shivaji Dound | June 19, 2021
Envestnet | Yodlee, a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, today unveiled an enriched developer experience. The new offering builds off Envestnet | Yodlee's popular platform to advance the embedded finance ecosystem by accelerating the ability for developers to create hyper-personalized and actionable financial wellness experiences.
The new Developer Portal comes on the heels of 1500% growth over the last 12 months in developer participation on Envestnet | Yodlee's platform from FinTechs and other financial service providers. This growth has resulted in hundreds of thousands of total activities on the platform and billions of API calls.
The updated experience provides easier customer onboarding, enhanced navigation, and a streamlined approach to access financial data and API implementations for developers, speeding up the go-to-market timeline. The portal is powered by Envestnet | Yodlee's industry-leading financial data coverage and quality, which powers billions of API calls and is enabled by more than 17,000 global sources and over 500 million linked accounts. Easy-to-use tools, like an always growing library of samples, codes and apps, allow developers to rapidly test, integrate, and get to market quickly while following proper data security and protocols. Through Envestnet | Yodlee's Quick Start offering, users of the Developer Portal can get up and running in less than 24 hours.
"We know through our work with financial service providers, small and large, that getting a product out quickly to keep up with market trends and innovation is often the top priority for developer teams. It's no surprise that Envestnet | Yodlee's Developer Portal has experienced such sizable growth among FinTechs and other financial service providers. Fast onboarding and a solution-focused approach let innovators focus on what they do best." said Duy Vo, Founder of Productfy, a developer-focused banking-as-a-service provider.
Envestnet, Inc. is transforming the way financial advice and wellness are delivered. Our mission is to empower advisors and financial service providers with innovative technology, solutions and intelligence to make financial wellness a reality for everyone. Over 106,000 advisors and more than 5,200 companies including: 17 of the 20 largest U.S. banks, 47 of the 50 largest wealth management and brokerage firms, over 500 of the largest RIAs and hundreds of FinTech companies, leverage Envestnet technology and services that help drive better outcomes for enterprises, advisors and their clients.