Yodlee Partnership places Bluechilli at the forefront for FinTech Startups in Aus

- July 4, 2013 < 1 MIN READ

Yodlee a platform that assists financial innovation announced this week their new strategic partnership with technology venture firm Bluechilli.

The partnership gives Bluechilli members access to Yodlee Interactive’s unique cross-platform Application Program Interface (API), which means they have secure access to over 12,000 global financial data sources, enabling them to continue to innovate through personalized digital financial solutions.

“The strategic partnership with BlueChilli provides access to a secure, flexible API that connects consumers’ financial accounts such as cards, investments, loans, bills, and rewards, to innovative online and mobile services. We are committed to helping drive innovation in the fintech space and our increasing international reach is just one step towards this end, we are excited to work with BlueChilli and offer their startups distribution across our channels, as well as financial data that will position their products for success.” says Jason O’Shaughnessy, Vice President of Yodlee Interactive.. Since launching in 2011, BlueChilli has invested in 30 companies and plans to finance 70 more by 2016. One of these companies is Moneysoft Limited, delivering one of Australia’s first and independently owned – personal finance management tools, which is also supported and incubated by Yodlee Interactive.

“We are very happy to partner with Yodlee Interactive and offer our startups even more resources to accelerate their success,” says Catherine Eibner, Lead Startup Advisor at BlueChilli. “We put an emphasis on mentorship, by working with our startups for two years, much longer than most incubators. Our goal is to help these early-stage companies along each step of their development by offering them the best tools and resources to maximize success. With Yodlee Interactive’s platform, our members gain the ability to add rich financial-related features to their products.”

More than 600 companies globally use Yodlee to power personalised financial applications.