What company owns Mint finance? (2024)

What company owns Mint finance?

Intuit, the owner of widely used financial software applications like TurboTax, bought Mint in 2009 from its founder for $170 million. At the time of the acquisition, Mint, which had been privately held, had 1.5 million users tracking nearly $50 billion in assets and $200 billion in transactions.

Why is Intuit shutting down Mint?

The reason for closing down the Mint app is the supposed consolidation of Intuit's personal finance products and to prioritize their focus on Credit Karma, which has more features and functions than Mint. However, some key features that made Mint what it is are said not to be available in Credit Karma, like budgeting.

Who is the parent company of Mint budget?

The OG budgeting app, Mint, is officially shutting down next week. Its parent company Intuit (you might know it from TurboTax) has been directing users to CreditKarma for a while, but the last holdouts will lose access March 23. Many users have found CreditKarma lacking, so we tapped into the Marketplace braintrust.

Are Mint and Quicken owned by the same company?

About Mint

The Mint app was started in 2006 and was acquired by Intuit in 2009. While Quicken used to be Intuit's lead product, Mint has become their sole focus since announcing the sale of Quicken.

Is Mint going away in 2024?

Mint will go offline March 23, 2024.

The Mint budgeting app officially shut down on March 23, 2024, and users can no longer access their data on the app. Intuit®, which owns Mint and other personal finance platforms like QuickBooks® and TurboTax®, suggested users migrate to Credit Karma, which it also owns.

What is the Intuit controversy?

The Federal Trade Commission has issued an Opinion and Final Order that Intuit Inc., the maker of the popular TurboTax tax filing software, engaged in deceptive advertising in violation of the FTC Act and deceived consumers when it ran ads for “free” tax products and services for which many consumers were ineligible.

Why did Mint fail?

The original personal finance dashboard, Mint.com's relatively meager ARPU of $2-$3 proved “they had the wrong business model”, said ex-Mint.com product manager and Monarch Money CEO Val Agostino—giving the product away for free and monetizing off referrals .

Is Ryan Reynolds the owner of Mint?

T-Mobile announced Wednesday it acquired Mint Mobile, a budget wireless provider backed by actor Ryan Reynolds, in a deal worth up to $1.35 billion.

Does Ryan Reynolds own part of Mint?

Reynolds will continue in his creative role as a spokesman for Mint. The actor-entrepreneur owns a roughly 25% stake in Mint, according to Bloomberg, which previously reported on the company's deal talks with T-Mobile.

How much of Mint does Ryan Reynolds own?

Reynolds, who owns an estimated 25% stake in Mint Mobile, will receive about $300 million from the deal, the Wall Street Journal reported. He also sold Aviation Gin in 2020 for $610 million; his stake in the company is unknown. But what did it take for him to get to this point?

Is Intuit Mint being discontinued?

Commissions do not affect our editors' opinions or evaluations. Mint, a budgeting app acquired by Intuit in 2009, is shutting down as of Saturday, March 23, 2024.

Does Quicken exist anymore?

Quicken will remain a desktop program and your data will continue to be stored on your computer. Quicken has cloud services if you'd like to sync to and use the Quicken Mobile App or Quicken on the Web, but this is optional. If you'd like more information on the Quicken Cloud, click here.

Who bought out Quicken?

Intuit sold Quicken software to H.I.G. Capital in 2016. The latter sold Quicken to Aquiline Capital Partners in 2021. So, clearly, the answer to is Quicken still owned by Intuit is no.

How is Credit Karma different from Mint?

While Mint's budgeting tools are not available, Credit Karma does have several money management features which will allow you to view your current month's spending broken down by category, your average spending in each category, and how much your current month's spending differs from the same period in the previous ...

Is Credit Karma replacing Mint?

We've moved some of Mint's most popular features to Credit Karma Net Worth. You will be notified when it's time to move, but you can check out what's in store below in the meantime.

Is Mint switching to Credit Karma?

Intuit's Mint personal-finance app will see its net worth drop to zero Jan. 1, when the company shuts down the once-pioneering tool and moves its users to its Credit Karma service. Intuit announced this in an Oct. 31 post—a Halloween news dump that many Mint users seem to be treating as a trick.

Does Intuit still own QuickBooks?

QuickBooks and Quicken are financial management tools owned by Intuit and H.I.G. Capital, respectively.

Is Intuit no longer part of the IRS?

(Intuit no longer participates in I.R.S. Free File, although it offers its software free to certain users.) All those free options remain available, the I.R.S. said, and its test version will just be another option.

Does Intuit own TurboTax?

Intuit's products include the tax preparation application TurboTax, personal finance app Mint, the small business accounting program QuickBooks, the credit monitoring service Credit Karma, and email marketing platform Mailchimp.

Is there a catch to using Mint?

While the process is not difficult, when an account becomes unlinked you no longer get notifications when say a credit card bill is due. The security and privacy of Mint has been brought into question by many sources, since linking accounts gives Mint nearly full access to those accounts.

Can I trust Mint?

Mint is a personal finance app that is safe to use. The company has safety features including multi-factor authentication and security scanning tools to keep your account and personal data safe. Does it cost money to use Mint? Mint is free to use and includes many useful features.

Is Ryan Reynolds a billionaire?

Ryan Reynolds currently has a net worth of roughly $350 million, according to CelebrityNetWorth. But, Forbes recently reported, the companies he owns or has sold are (or were) worth roughly $14 billion.

What companies does Ryan Reynolds own?

As a businessman, he holds an ownership stake in Mint Mobile and is a co-owner of Welsh football club Wrexham A.F.C.; the latter was documented in the Emmy Award-winning TV series Welcome to Wrexham. In 2020, Reynolds sold his ownership stake of Aviation Gin to Diageo as part of a $610 million deal.

Is Mint owned by T-Mobile?

Ryan Reynolds' Mint Mobile taken over by T-Mobile in $1.35B deal T-Mobile CEO Mike Sievert said the telecom giant would use its size and resources to "supercharge" Mint, which is best known for ads starring the actor who is part owner of the smaller company.

How rich is Ryan Reynolds?

What is Ryan Reynolds' net worth? Ryan Reynolds, with a net worth of $350 million, has made significant contributions to their combined wealth. Known for his acting prowess, Reynolds has also excelled as an entrepreneur.