Envestnet | Yodlee vs Wealthica API
Envestnet | Yodlee
yodlee.comWealthica API
wealthica.comSide by side
| Figure | Envestnet | Yodlee | Wealthica API |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Bank Connectivity Software | 8.4 (#4) | 7.6 (#25) |
| Intended users | Yodlee describes its aggregation capabilities for financial institutions, global banks, technology companies, and developers building financial applications. | Wealthica describes its API as serving developers and businesses integrating investment accounts and financial data providers. |
| Purpose | Yodlee’s RESTful API gives developers access to personal financial data for financial management applications. | Wealthica API connects Canadian bank and brokerage institutions to an application. |
| Security | Yodlee reports an annual SOC 2 Type 2 assessment, with the latest report available to clients and prospects under NDA. | The API page says Wealthica is SOC 2 Type II compliant and undergoes regular third-party audits. |
Plans
In their own words
Envestnet | Yodlee
Envestnet | Yodlee provides financial data aggregation for personal finance, lending, wealth management and other financial applications. Its API supports institution searches, account creation and updates, retrieval of aggregated data, and notifications when data changes. Account aggregation can combine balances, transactions, expense categories and information from bank, credit card and investment accounts. The product page describes more than 19,000 sources across accounts and loans; another stated coverage figure is more than 17,000 financial sources. FastLink is an embeddable browser tool for account linking with managed authentication. Transaction enrichment adds descriptions, merchant names, categories and geolocation. Developers can request refresh while a user waits or use daily background refreshes and webhook notifications. Supported institutions can use OAuth account connections with user consent. A free Sandbox after developer registration includes sample data for five preconfigured users, but does not support live-site linking or registering more sandbox users. The product page shows no price and directs prospective customers to request a demo; live data-source access requires contacting sales. Yodlee also says sensitive full account-number access requires Security Office approval.
Wealthica API
Wealthica API has no write-up on Specifiction yet; its figures are above.