29 July 2014

Yodlee partners incubators to catalyse fintech innovation

25 April 2014  |  4164 views  |  0 Canaru whaf skyline

Yodlee Interactive has teamed up with three incubators and accelerators to give fintech startups access to its API.

PFM specialist Yodlee's cross-platform API gives entrepreneurs access to over 12,000 global financial data sources, covering areas such as bank accounts, insurance, rewards programmes.

Yodlee Interactive is already powers more than 300 companies, with major players such as Venmo, Credit Karma, Coinbase, BillGuard tapping its consumer transactional data.

The firm has now teamed up with global accelerator Startupbootcamp, Australia-based 25fifteen and Scotland's Entrepreneurial Spark to target the next generation of developers.

Entrepreneurs associated with the three accelerators will gain access to the API as well as mentorship from Yodlee Interactive's fintech experts.

Nektarios Liolios, MD, Startupbootcamp FinTech, says: "Access to this data is a real enabler for innovation in the financial services space. Without it, startups simply wouldn't be able to deliver products or services that are relevant to the industry."

Yodlee already works with several accelerators around the world, including London's Level39, which will host the Finextra Future Money conference on 30 April and 1 May, where incubators and APIs will both be on the agenda.

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