The startup game is not for the faint of heart. While there are thousands of new companies being launched by bright-eyed entrepreneurs every year, only a small percentage will turn out to be successful.
This is especially true in the financial technology (fintech) space where competition for funding and customer attention is fierce.
Incubators and accelerators can be golden tickets for startups. They provide mentors, networking opportunities, technical resources and funding, in exchange for small stakes in the company.
Envestnet | Yodlee launched their own incubator in October 2014. The goals were not only to nurture startup companies, but to also highlight innovative use cases of Envestnet | Yodlee technology and data.