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
Location
Ontario, Canada
Transaction Type
Buyout

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