REDWOOD CITY, California, August 10, 2010 /PRNewswire/ -- Yodlee, Inc., the leading provider of online personal financial management (PFM) and integrated payments solutions, today announced the promotion of Jason O'Shaughnessy to Managing Director, EMEA.

With rapidly growing consumer demand around the globe and customers in more than 10 countries already, Yodlee is now poised for explosive growth, said Anil Arora, Yodlee President and Chief Executive Officer. Jason is an integral part of Yodlee's worldwide presence and we are pleased to have his leadership and experience to help accelerate our business outside of the United States.

Personal financial management and mobile payments are among the most in-demand products in international online banking right now, with many of the largest banks around the world adding PFM to create a better customer experience, stated O'Shaughnessy. There is also high demand among consumers of all ages for a single, secure destination for online PFM. In fact, 36 percent of financial decision makers surveyed by Yodlee in April indicated they use three or more different websites to manage their finances. In addition, nearly 60 percent expressed interest in a more organized and interactive financial experience.

Prior to being named Managing Director, O'Shaughnessy was Director, EMEA at Yodlee. In this position, he was instrumental in the development of Yodlee's mobile banking solution and adding new clients in the United Kingdom, Spain, France, India, Australia and New Zealand.

Founded in 1999, Yodlee powers innovative online and mobile financial solutions used by more than 25 million consumers through more than 200 leading financial institutions and portals worldwide. Yodlee has seen steady growth internationally, adding more than 20 premier customers and experiencing over 300 percent international revenue growth.

About Yodlee

Leading financial institutions and portals trust Yodlee to power critical online finance applications that increase profitability and drive more value from the online channel. Yodlee's proven personal financial management, payments, and customer acquisition solutions unify all personal financial account information to deliver a simple, centralized and secure way for consumers to manage all of their financial tasks anytime, anywhere. Yodlee makes financial institutions' websites essential to their customers and generates new deposit and revenue opportunities. Yodlee's patented data, payments and risk management utility supports more than 15,000 account sources and over 120,000 different account types. More than 200 leading financial institutions and portals offer Yodlee-powered solutions to millions of customers worldwide. Yodlee is headquartered in Redwood City, California. For more information, visit http://www.yodlee.com.

Yodlee is a registered trademark of Yodlee, Inc. All other products and services mentioned are the property of their respective owners.

SOURCE: Yodlee, Inc.

CONTACT: Sharon Nieuwenhuis, RLM Public Relations for Yodlee, Inc.,+1-212-741-5106, x237, yodlee@RLMpr.com