Yodlee announced it has been named among the Top 10 Most Innovative Companies in Finance by Fast Company, honored alongside major brands and rising newcomers. Yodlee was selected as the third recipient in the prestigious finance category.
To select the recipients, Fast Company's editorial team analyzed information on thousands of businesses across the globe. Looking beyond revenue growth and profit margins, the team focused on companies that defined innovation within the business landscape -- companies that have adopted creative models and progressive cultures.
"It was invigorating to engage with so many exciting new ideas and developments," said Fast Company editor Robert Safian. "Our goal was to offer a snapshot of the creativity at work in the global marketplace, and to inspire the Fast Company audience with illustrations of how powerful and effective business can be."
"We have been a pioneer and leading innovator in online finance for over ten years -- it's in our DNA," said Anil Arora, CEO of Yodlee. "We are proud that our market-leading personal finance and payments technologies are powering the next generation of critical online financial services, helping millions of consumers work with their banks to make better financial decisions, and delivering dramatic revenue growth for Yodlee. We are honored that we have been named a Most Innovative Company."
Overall, Fast Company recognized 250 plus companies, including more than 75 non-U.S. based businesses. Fast Company ranked the Top 10 Most Innovative Companies in 24 categories, including finance, advertising and marketing, biotech, media, music, and sports. The top 10 lists report on the smartest businesses driving advancements within each of the categories.
Leading financial institutions and portals trust Yodlee to power critical online finance applications that increase profitability and drive more value from the online channel. Yodlee's proven personal financial management, payments, and customer acquisition solutions unify all personal financial account information to deliver a simple, centralized and secure way for consumers to manage all of their financial tasks anytime, anywhere, forever. Yodlee makes financial institutions' websites essential to their customers and helps them generate new revenue. Yodlee's patented data, payments and risk management utility supports more than 11,000 account sources and over 100,000 different account types. More than 100 leading financial institutions and portals offer Yodlee-powered solutions to millions of customers worldwide. Yodlee is headquartered in Redwood City, California. For more information, log on yodlee.com.
About Fast Company
Fast Company is an award-winning monthly magazine, Web site, and digital distribution platform that covers the business of innovation like no other media source. Editor Robert Safian was named AdWeek's Editor of the Year in 2009. FastCompany.com, under the auspices of executive editor Noah Robischon and publisher Christine Osekoski, has tripled traffic and revenue year over year. Fast Company is owned by Joe Mansueto, founder and owner of Morningstar, a leading provider of independent investment research.
Yodlee is a registered trademark of Yodlee, Inc.
First Call Analyst:
SOURCE: Yodlee, Inc.
CONTACT: Sharon Nieuwenhuis, RLM Public Relations for Yodlee,
Web Site: http://www.yodlee.com/