Envestnet | Yodlee, a data analytics platform that powers dynamic, cloud-based innovation for digital financial services, announced the new incubator class of fintech disruptors.
The incubator, an award-winning program, connects the next generation fintech disruptors with the funding, mentorship to help grow their business, strategic guidance and free access to the leading Envestnet | Yodlee Data Aggregation Platform.
This year’s new cohort features the program's first international participants including startups that are working on to spread fintech innovation to a range of verticals including wealth management, real estate, and small business. This year’s incubator is built on the success of previous years, with more financial innovators than ever applying to join the program, the release stated.
“We are very excited to welcome such a diverse and innovative group of companies into the program, and can't wait to start connecting them with the tools and mentorship to help them flourish. Each year we see more applications from companies using technology and data to disrupt the financial ecosystem, and witnessing how these companies view the future of the industry is truly exciting. I'm looking forward to seeing what this cohort achieves,” Jeff Cain, Incubator Director at Envestnet | Yodlee said.
The members of 2016-17 incubator program include Domuso, a payment financing platform; Finch, a social spending and payments app aimed at Australian millennials; Genivity, which tracks and predicts family health risks to help financial advisors better serve their clients; Curacubby, a SaaS company facilitating financial transactions between small and medium businesses, among others.
The members will together share Envestnet | Yodlee's commitment to building an innovative fintech ecosystem that provides true benefits for all consumers. The program will enable these members to foster relationships with industry leaders, press, and investors, providing a platform to quickly grow their businesses.
