Envestnet | Yodlee Partners with Backbase on Open Banking Marketplace

Envestnet is an analytics company, Backbase a digital banking platform; their partnership is building upon an existing relationship and will feature a collaboration on the Open Banking Marketplace; the partnership will focus on Backbase customers being offered the suite of tools offered by Envestnet | Yodlee like know-your-customer, cash management, budgeting and a simple overview of multiple accounts from different financial institutions; according to Jouk Pleiter, CEO and Co-Founder of Backbase, “With companies like Envestnet | Yodlee on our Open Banking Marketplace, banks are able to give banking clients the user experience they deserve.” Source