Yodlee

The "strategic divestiture" comes after years of legal challenges and speculation swirling around the analytics and data aggregation platform.

Envestnet plans to sell its financial data aggregation subsidiary Yodlee to STG, a private equity firm, in a deal expected to close in Q3 2025.

"Lumin Digital is proud to partner with Abe.ai to bring our clients the powerful capabilities of their Virtual Financial Assistant. Our clients will have the benefit of extending to their users the superior service and accessibility consumers expect, "say

Yodlee is a financial data aggregator who aggregates financial data such as bank balances from individuals in the US through its software platforms. Yodlee collects

Envestnet, the largest financial data broker in the country and which owns Yodlee, sells bank and credit card transactions of tens of millions of Americans.

Yodlee, America's largest financial data broker, says the data it sells it is anonymous. A confidential document obtained by Motherboard shows people could be unmasked in the data.