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A Yodlee sale could land Envestnet up to $400M

Sale of data aggregator won't disrupt Envestnet’s operations, according to JPMorgan

Vaidik TrivedibyVaidik Trivedi
December 15, 2023
in Banking
Reading Time: 3 mins read
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Wealthtech giant Envestnet is reportedly exploring the sale of its data aggregation subsidiary Yodlee as it aims to refocus strategic operations.  A potential sale, first reported on Dec. 13 by Bloomberg News, could generate between $300 million and $400 million for Envestnet, according to a JPMorgan report published Dec. 14. Envestnet bought Yodlee in 2016 […]

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Tags: data aggregationEnvestnetEnvestnet YodleePremiumWealthTech
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