What Is Yodlee?
Yodlee is a company that provides Aggregator services to third-party Fintech companies, like FinGoal. LinkMoney is a superstructure for Yodlee's services to get third-party data into more environments, like banks, credit unions, fintech applets, and anywhere else it can be used.
How Does Link Money Use Yodlee?
Link Money has critical functionality that is dependent on Yodlee. It:
- Uses Yodlee's Fastlink Version 4 as a frontend tool to let users authenticate with their financial accounts.
- Uses Yodlee functionality to pull financial data from third party financial institutions.
- Uses Yodlee Webhooks to provide all Link Money consumers with up-to-date financial data for all the users in the Link Money environment.