Dot-Com Survivor Yodlee Makes E-Banking Pay

Banking software maker Yodlee is finally on the verge of profitability
Arora Courtesy Yodlee

When Anil Arora became the chief executive officer of Internet finance startup Yodlee in 2000, data security concerns outweighed the convenience of online money management—and 97 percent of U.S. households lacked broadband connections. Then came the dot-com crash, the Sept. 11 terrorist attacks, and economic hard times that decimated tech startups. In 2008 the financial markets meltdown became Yodlee’s third near-death experience, says Arora, who joined the company from PC maker Gateway. “There were definitely times where we were down to, ‘Are we going to make it through the next couple of months,’ ” he says.

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