Envestnet | Yodlee Partners With Varo Money

Envestnet | Yodlee Partners With Varo Money
01.02.2017 09:30 am

Envestnet | Yodlee Partners With Varo Money

Platform Technology , Mobile Banking , Cloud

Envestnet | Yodlee (ENV), a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, today announced it is partnering with Varo Money Inc., a mobile-only banking startup that helps consumers gain greater control of their financial lives, providing customers with a more customized mobile banking experience and better insights into their financial well-being.

With the integration of the modern RESTful Envestnet | Yodlee Aggregation API, Varo Money can easily and quickly access the Envestnet | Yodlee Financial Data Platform to provide customers with a personalized banking experience through real-time, proactive alerts about their budgeting goals, cash flow changes and other issues vital to their financial wellness. Varo Money is also integrating the Envestnet | Yodlee Account Verification API to provide customers with a quick, secure way to connect accounts and balances and provide low-cost funding options, while significantly reducing customer risk.

"We're excited to be partnering with a company committed to disrupting the banking landscape by providing consumers with a simple and customized mobile banking experience," said Chris Chen, Senior Vice President and General Manager of the API Team at Envestnet | Yodlee. "Allowing customers to improve their financial outcomes should be the central goal of all financial offerings, and it's great to see Varo Money leverage our platform to deliver innovative solutions that help customers achieve their goals."

"Varo Money is committed to creating the next-generation bank that puts customer financial health at the center of development, and a vital part of this is giving customers a complete view of their financial situation and updating them in an intelligent manner," said Colin Walsh, CEO of Varo Money. "By partnering with Envestnet | Yodlee, we're able to provide a truly modern mobile experience while also offering proactive alerts that could have a significant impact on their financial well-being."  

Related News

Integral Reports Average Daily Volumes of $55.6 Billion in March 2020

Integral (www.integral.com), the technology partner trusted by leading banks, brokers, and asset managers to help them... Read more »

Celent Recognizes Backbase as a Leader in Digital Onboarding and Origination Solutions

Backbase, the leading omni-channel digital banking platform, announced today that it has topped Celent’s Retail Banking Customer Onboarding Platform vendor assessment, winning... Read more »

Nutanix Partners with Udacity to Offer Hybrid Cloud Nanodegree Programme

Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, today announced a partnership... Read more »

Pure Storage and SAP Further Solidify Technology Partnership

Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage-as-a-service, today announced that it has achieved the platinum level in the SAP® PartnerEdge® program and is an... Read more »

Coronavirus outbreak spells the end for ‘outdated’ paper-based ID checks – SmartSearch

The spread of the coronavirus means firms relying on paper-based ID checks need to switch to electronic processes now to avoid a freeze on their business, according to anti-... Read more »

Trezeo launches new products to expand its safety net for independent workers

Trezeo today announced a major extension to its existing offering, that enables independent workers to access a wider range of urgently needed product ‘bundles’. Trezeo’s... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel