Million Labs and Envestnet bringing no-code and open banking together

Million Labs, leading no-code consultancy and SuperTech partner, are partnering with the Envestnet | Yodlee to bring together the power of open banking with the speed and cost benefits of no-code.

Since 2019 Million Labs has launched hundreds of startups helping founders to unlock the power of no-code. Their partnerships in the Fintech space have allowed them to work on a number of really interesting financial services projects too. They are pleased to expand our offering in this space by working with Envestnet |Yodlee to give no-code founders access to their amazing accelerator program.

The Accelerator Program

The Envestnet | Yodlee Accelerator program aims to provide entrepreneurs both in and outside of the financial services space with a delivery system to help them more quickly and easily bring their fledgling ideas to market.

Powered by Envestnet | Yodlee’s financial data platform, the accelerator program provides start-ups with — among other things — access to its global data API, which enables founders to pull in Yodlee’s reservoir of transaction-level financial data for everything from bank accounts, insurance and investment accounts.

Since launching the Accelerator Program, 1000’s of Fintech’s has benefited from this initiative, powering a range of applications focused on consumer debt protection, accounting, lending, taxes, eWallets and financial wellness — to name a few.

Envestnet | Yodlee Accelerator is a 3-month program (with a typical value of $15K) for developers and entrepreneurs to launch disruptive products that leverage transactional financial data. For Million Labs members, they receive..

• 3-month free access to the Yodlee Data platform with up to 1,000 users

• A development team to help simplify & manage API integration

• Access to Envestnet | Yodlee industry mentors

No-Code Power

Using their partner platforms like bubble.io, Million Labs can cut the cost and time of building out databases, workflows and user interfaces that make unique use of this Envestnet | Yodlee offering by a factor of ten, allowing a far broader range of use cases to be explored.

Hilary Smyth-Allen, Executive Lead for SuperTech, has commented on the news:

“Million Labs are transforming the start-up experience for new entrant fintech founders around the world from the West Midlands. This partnership, combining the enabler that is open banking, is another powerful tool in the box to supercharge these pioneering new businesses.”

If you are interested in getting access to the Envestnet | Yodlee Accelerator program through Million Labs, please contact them via hello@millionlabs.co.uk or you can reach out via the Sprint incubator platform.