Finance startup Yodlee: We weren’t screwed by Mint’s acquisition
Ever since popular personal finance site Mint.com announced two weeks ago that it was being acquired by Intuit for $170 million, there’s been some speculation about what that deal means for Yodlee, the company that provides a lot of the Mint’s data, particularly from banks. Yodlee’s Senior Vice President of Strategy and Development Joe Polverari has been giving interviews in which he’s pretty dismissive about Mint’s potential, so I talked to him a bit more… Continue Reading
Confirmed: Intuit acquiring Mint for $170M
Mint, the popular personal finance website, has been acquired by Intuit, the maker of finance software Quicken and its web version Quicken Online, for $170 million. Chief executive Aaron Patzer just confirmed the news at the TechCrunch50 conference.
Patzer launched Mint at the inaugural TechCrunch40 conference two years ago. Rumors of the acquisition were first reported last night.
A month ago, in August, Mint announced $14 million in funding, bringing its total to $31 million.The round was… Continue Reading
Mint moves into retirement savings, adds richer analytics
Personal finance site Mint.com is moving into retirement savings and adding richer analytics to track your net worth as part of a push into higher-ticket items and long-term financial goals.
Launched two years ago, the Mountain View-based company started as a place to sync your bank accounts and watch credit card spending. Since then, it’s attracted 1.4 million users, added mortgage and investment tracking and raised $31 million in funding in three rounds. That includes a… Continue Reading
Mint.com rakes in $14 Million in third round of funding
Personal finance site Mint.com raked in another $14 million in funding, bringing its total to $31 million. The round was led by DAG Ventures, with new financing from Founders Fund and a top-up from existing investors Benchmark Capital, Shasta Ventures, First Round Capital and Sherpalo.
Although the valuation wasn’t released, “it is a decidedly up-round” and it was “pre-emptive,” meaning Mint.com didn’t raise the funding because it was running out of cash. The company now has… Continue Reading
Mint.com data: Economy may be bouncing back
Economic forecasts? National numbers on consumer spending? Who needs them when we’ve got user data from personal finance site Mint.com?
Okay, so we’re not talking about data that represents the US public as a whole — not only is it a limited group, it’s also risky comparing data between time periods, since Mint’s user base has grown and changed since the service launched in the fall of 2007. But hey, the Mountain View, Calif., company can… Continue Reading
Track your plummeting investments on Mint.com
Updated
Personal finance site Mint.com is making its investment management tools available to all of its users after months of invite-only testing.
Now may seem like an odd time to add these features — yesterday’s market rally aside, this isn’t exactly a great period for the stock market. But the turmoil only makes it more crucial for users to see all of their investment data (and more) in one place, says chief executive Aaron Patzer, so they… Continue Reading
Mint.com users feeling the hurt, pinching pennies
Personal finance site Mint.com has gathered data showing that its users spent an average of $300 less per month in August than in January this year — a 6 percent drop suggesting that the site’s 500,000 users are adjusting to the economic downturn (at least a little better than Wall Street).
Anonymous data culled from free finance sites like Mint, Geezeo and Wesabe that allow users to track their bank balances, set budgets, and control different… Continue Reading