Yodlee, Inc.
Aug 24, 2015

Ynext(TM) Incubator Announces Call for New Applicants to Join Leading Launchpad Program

Program Connects Startups With Free Access to The Company's Best-of-Class Application Programming Interfaces (APIs), Technical Support, and Mentorship From Veteran Executives and Entrepreneurs

REDWOOD CITY, Calif., Aug. 24, 2015 (GLOBE NEWSWIRE) -- Ynext, the unit of Yodlee, Inc. (NASDAQ:YDLE) that incubates, delivers and commercializes new business opportunities for the company, today announced it's accepting applicants for its latest Incubator class. The Ynext Incubator provides a select group of startups with the tools necessary to take their ideas to market - including technical support, mentorship and free access to the company's award-winning APIs. Yodlee Interactive APIs are used by financial technology industry leaders like Dwolla, LearnVest, and Xero to securely access transactional data.

Startups interested in joining the new class of Ynext superstars should apply here before September 15: https://ynext.yodlee.com/launchpad/incubator/apply

Financial services has rapidly moved to the core of the tech industry as innovation propels the space forward. Investors and traditional financial institutions alike are eager to take advantage of these opportunities. According to Accenture, global investment in Fintech ventures has tripled since 2008 to nearly $3 billion and it is predicted that global Fintech investment will more than double by 2018.

The Ynext Incubator was created to help startups capitalize on this goldmine of opportunities. It gives aspiring entrepreneurs the resources to get their ideas off the ground and helps them build products that leverage Yodlee's unique data platform to create value for consumers and businesses.

In May, Ynext Incubator's Spring 2015 class graduated from the program at Ynext Demo Day. These companies are changing the way people handle their finances, across a range of verticals:

"The Ynext Incubator was created to help early startups take their ideas to market and be more successful faster," said Joe Polverari, general manager of Ynext and chief strategy and development officer of Yodlee. "After fifteen years powering innovators throughout the financial services space, we're in the unique position to offer startups the resources - from our robust data platform to connections to industry leaders and investors - necessary to build a product that changes the way people handle their money."

This class will be directed by Jeff Cain, who previously served as Vice President of Rutberg & Co. Mentors in the Incubator program include Patrick Mork (current entrepreneur at Signia Venture Partners and previously CMO at Google Play), Deirdre Davi (Sterling Brands), Vincent Turner (Planwise), Ron Stewart (Transunion Interactive), Vijay Chattha (VSCpr), Marc Weill (TwoSigma), Ben Narasin (Triple Point Capital) and Bryan Stolle (Mohr Davidow Ventures).

To apply to join the Ynext Incubator, click here: https://ynext.yodlee.com/launchpad/incubator/apply

About Ynext

Ynext is the unit of Yodlee, Inc. (NASDAQ:YDLE) that incubates, delivers and commercializes new business opportunities. Through the Ynext Incubator program, the company serves as a launchpad to incubate and accelerate startups on the platform, providing the tools necessary to take their ideas to market and be more successful faster. Ynext also pioneers next-generation data programs that commercialize Yodlee's comprehensive spending and behavioral insights, allowing companies to make data-driven decisions and build stronger, more profitable customer relationships.

Ynext and Yodlee (NASDAQ:YDLE) are headquartered in Redwood City, California. For more information, visit https://ynext.yodlee.com.

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Source: Yodlee

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