Four international financial companies have agreed to use software from the Redwood City, Calif., account aggregation specialist Yodlee Inc. to offer online personal financial management services to their customers in three countries.
Yodlee, which announced the deals Tuesday, said the software is driving the ANZ MoneyManager service provided by Australia and New Zealand Banking Group Ltd. of Melbourne, the Yes Bank MoneyMonitor service offered by Yes Bank Ltd. of Mumbai, and two London start-ups Ivobank Ltd., an online bank, and Kublax Financial Technologies Pvt. Ltd., which launched an online financial management portal in September.
The vendor said that it is putting more of its focus on foreign business, which is generating a growing portion of its revenue, and that it plans to announce additional customers in Europe this year.
Yodlee offers personal finance, bill payment, funds transfer, account verification, and customer acquisition technology as comprehensive products suites, as individual components, or as modules that can be plugged into users' systems.