Envestnet | Yodlee Acquires Abe AI
January 24, 2019
Envestnet | Yodlee acquired conversational AI startup Abe AI to integrate Abe's conversational banking and NLP capabilities into Yodlee's financial wellness and retail banking offerings, with plans to extend into Envestnet's wealth management products. The acquisition expands Yodlee's product capabilities by adding natural-language, voice and chat interfaces across major conversational ecosystems.
- Buyers
- Envestnet | Yodlee
- Targets
- Abe AI
- Industry
- AI & Machine Learning
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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