Yodlee, Inc. operates a technology and applications platform that provides digital financial services in the cloud. The company’s platform, the Yodlee Financial Cloud, delivers a range of financial applications (FinApps) for the retail financial, wealth management, small business, card, and other financial solutions sectors. These FinApps allows consumers and small businesses to simplify and manage their finances, review their financial accounts, track their spending, calculate their net worth, and perform various other activities. The Yodlee Financial Cloud platform also enables its customers to develop their own applications through its open application programming interfaces, which delive...
3600 Bridge Parkway
Redwood City, CA 94065
Founded in 1999
Yodlee Launches Small Business PartnerHub
Mar 16 15
Yodlee, Inc. launched the Yodlee Small Business PartnerHub, giving business owners access to a suite of tools “ including lending, invoicing, and travel and expense management“ through a secure financial portal. CAN Capital, Inc. is the first of many third-party partner services that will be integrated into the Hub. CAN Capital offers fast access to funding via an instant quote based solely on financial data and payment information, helping businesses and entrepreneurs qualify for more money while lowering risk for lenders. The Yodlee Small Business PartnerHub gives financial institutions an easy way to offer innovative third party business services and applications to their customers in an integrated white label solution. Powered by Yodlee, the platform brings real-time transactional data to create business insights, like cashflow forecasting. The Hub model frees financial providers from the world of one-off integrations, which further complicate an already complex technology infrastructure. And it's all powered by a common data platform, so the services can share and connect information as transactions move through the Hub. The suite of services can provide capabilities that encompass: Loans and Financing; Expense & Receipt Management; Invoicing and Collections; Business Credit Score and Activity Monitoring; Lead Generation; Online Accounting Integration; Payables and Approval Workflows; and Travel Management. Benefits of the PartnerHub Model for financial providers: One integration with Yodlee provides access to many valued business services; accelerates innovation of business services, both internal and external capabilities and provides an efficient way to generate additional revenue.
Yodlee, Inc. Presents at Pacific Crest 10th Annual Emerging Technology Summit 2015, Mar-04-2015 01:00 PM
Feb 25 15
Yodlee, Inc. Presents at Pacific Crest 10th Annual Emerging Technology Summit 2015, Mar-04-2015 01:00 PM. Venue: Park Central Hotel, 50 Third Street, San Francisco, CA, 94103, United States. Speakers: Anil Arora, Chairman of the Board, Chief Executive Officer and President, Michael Armsby, Chief Financial Officer.
Yodlee, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter 2015 and Full Year 2015
Feb 9 15
Yodlee, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenue of $24,862,000 compared to $20,038,000 a year ago. Operating loss was $4,192,000 compared to operating income of $2,040,000 a year ago. Loss before provision for income taxes was $3,979,000 compared to income before provision for income taxes of $1,940,000 a year ago. Net loss was $4,407,000 or $0.16 per diluted share compared to net income of $1,247,000 or $0.05 per diluted share a year ago. Non-GAAP net loss was $18,000 or $0.00 per diluted share compared to non-GAAP net income of $1,664,000 or $0.05 per diluted share a year ago. Adjusted EBITDA was $1,341,000 compared to $3,224,000 a year ago. Non-GAAP operating income was $0.2 million, compared to $2.5 million in the fourth quarter of 2013.
For the year, the company reported total revenue of $89,081,000 compared to $70,160,000 a year ago. Operating loss was $5,433,000 compared to operating income of $576,000 a year ago. Loss before provision for income taxes was $5,172,000 compared to income before provision for income taxes of $258,000 a year ago. Net loss was $6,975,000 or $0.54 per basic and diluted share compared to $1,181,000 or $0.16 per basic and diluted share a year ago. Net cash provided by operating activities was $2,366,000 compared to $3,509,000 a year ago. Purchases of property and equipment were $5,221,000 compared to $3,025,000 a year ago. Non-GAAP net income was $160,000 or $0.01 per diluted share compared to $330,000 or $0.01 per diluted share a year ago. Adjusted EBITDA was $5,468,000 compared to $4,772,000 a year ago. Non-GAAP operating income was $1.7 million, compared to $2.1 million in fiscal year 2013.
The company provided earnings guidance for the first quarter 2015 and full year 2015. For the full year 2015, the company’s total revenue is expected to be in the range of $108 million to $109 million. Non-GAAP operating income is expected to be in the range of $4.7 million to $5.1 million. Diluted non-GAAP net income is expected to be in the range of $2.2 million to $2.6 million, or $0.07 to $0.08 per share, based on 33.4 million weighted average common shares outstanding.
For the first quarter 2015, the company’s total revenue is expected to be in the range of $23.8 million to $24.2 million. Non-GAAP operating loss is expected to be in the range of $0.6 million to $0.3 million. Diluted non-GAAP net loss is expected to be in the range of $1.2 million to $0.9 million, or $0.04 to $0.03 per share, based on 29.3 million weighted average common shares outstanding.