Yodlee Inc.

10/12/2021 | Press release | Distributed by Public on 10/12/2021 16:07

Envestnet | Yodlee Collaborates with Intuit QuickBooks to Provide Financial Data Connections to Millions of Small Businesses

Sydney, AU - October 13, 2021 -- Envestnet | Yodlee, a leading data aggregation and analytics platform for financial services, and Intuit QuickBooks, the global leading provider of financial planning and accounting software, have formed a collaboration to provide aggregated financial data and information to small businesses in multiple countries around the world, helping the financial management software company expand into new territories internationally.

The collaboration will enable Intuit QuickBooks to leverage data feeds with new financial services providers as well as increase its presence in multiple countries over the next three years.

Envestnet | Yodlee will provide Intuit QuickBooks customers with the ability to connect to their banking data. It will allow self-employed and small businesses using the financial management software to save time, reduce costs, as well as provide a complete view of their business' finances, enabling them to make more informed business decisions.

"Through Envestnet | Yodlee's collaboration, Intuit QuickBooks will provide its customers with a reliable and secure way to access their financial data," said Jason O'Shaughnessy, Head of International Business at Envestnet | Yodlee. "Our collaboration with Intuit QuickBooks is another example of Envestnet | Yodlee helping to build a financial ecosystem that supports financial wellness and it enables access to digital innovation in markets across the globe."

"Envestnet | Yodlee's financial data network will support our ability to expand in multiple countries and provide our customers with secure and automated direct connections, which helps make their lives easier when it comes to reviewing their business' performance and preparing for compliance. We are excited to cooperate with Envestnet | Yodlee to accelerate our mission of Powering Prosperity around the World," said Steve Kemp, Head of Financial Institution Partnerships - Australia and Emerging Markets, at Intuit QuickBooks.

About Envestnet

Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV). Envestnet 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. Nearly 108,000 advisors and more than 6,000 companies including: 17 of the 20 largest U.S. banks, 46 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.

For more information on Envestnet | Yodlee, please visit www.yodlee.com, subscribe to our blog, and follow us on Twitter (@Yodlee) and LinkedIn.

About Intuit

Intuit is a global technology platform that helps our customers and communities overcome their most important financial challenges. Serving approximately 100 million customers worldwide with TurboTax, QuickBooks, Mintand Credit Karma, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit,our products and services, and find us on social.

Intuit and Envestnet are separate and unaffiliated firms. This release should not be construed as a recommendation or endorsement of any particular product, service, or firm.

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