Buyer Thesis · Financial Data / Open Banking · 2021

Envestnet positions Yodlee as open banking competitive advantage

Envestnet signaled an acquisition thesis in CEO acquisition strategy articulation on November 8, 2021.

Primary
Envestnet
Structure
CEO acquisition strategy articulation
Date
November 8, 2021
Sub-sector
Financial Data / Open Banking

Envestnet CEO signals open banking via Yodlee acquisition as critical competitive moat as fintech and financial institutions expand banking services.

Primary company
Envestnet
Counterparty
Not disclosed
Amount
Not disclosed
Event date
November 8, 2021
HQ
Not disclosed
Structure
CEO acquisition strategy articulation
Source published
November 10, 2021
Publisher
Financial Planning

Source: financial-planning.com