Can we please have our $50,000 grand prize back? It seems like you don’t really need it any more. We have just one question for founder and CEO Aaron Patzer, though. Intuit sent a letter to Mint demanding an explanation for this apparently inconceivable feat, which we obtained and printed here.
Your centralized data provides a holistic understanding of your financial situation. For example, if you ask us to, we can fill out a loan or credit card application for you based on what we already know about you. In all, Mint has raised $32 million over three venture rounds.Įarlier this year Mint and Intuit had a humorous clash over Mint advertising claims of gaining 3,000 new users a day and jumping from 600,000 to 850,000 users in a matter of months. Like Yodlee, Intuit scrapes a Mint customers financial data from across multiple accounts - checking, savings, 401(k), credit cards, student loans, mortgages, etc. Keeping your data in one place like this enables us to save you time by putting the information you choose to share with us to use. Their last round of financing valued the company at $140 million. Mint took the top prize at that event and has been growing fast ever since. This is a terrific exit for Mint, which first launched two years ago at TechCrunch50. In the Shared data section, select the pencil and. Update: CEO Aaron Patzer has just confirmed the deal on-stage at TechCrunch50, and written a guest post describing The Value of TechCrunch50 that contains more details. According to Intuit, customers can opt out by following these steps: 1. The deal should be announced in the next few days. Silicon Alley Insider first reported a rumor on this. Intuit will acquire the free online personal finance service Mint, we’ve confirmed from a source close to the deal, for around $170 million.
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