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"It became so popular that Intuit decided to buy it back in 2009. And all this time, Intuit has allowed Mint to run as a free alternative to Quicken. But apparently, that time is over as they look to 'streamline' their offerings."
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.
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.
It has long been one of the most widely used and highly rated budget apps. Mint links to nearly all types of users' financial accounts, such as credit cards, investments and loans.
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.
Mint, a budgeting app acquired by Intuit in 2009, is shutting down as of Saturday, March 23, 2024. Mint shows users an overview of their financial well-being by displaying the current status of multiple linked accounts on one screen.
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.
As of 3/23/2024, service for Mint Canada has ended as we have officially moved to Credit Karma. We acknowledge that this is a big change. We recommend that you download your Mint transaction data.
Intuit is asking Mint users to move to Credit Karma, one of the company's other personal-finance platforms. On Credit Karma, you will still be able to view your bank accounts, transaction history, spending, cash flow, and net worth.
Mint shutting down can feel devastating if it's the only personal finance app you've used, but fortunately, there are many Mint alternatives to consider.
Monarch Money. Like Mint, Monarch Money gives you a holistic view of your finances. ...
Mint owner Inuit says it's “reimagining” the app as part of Intuit Credit Karma, which is known more for its credit monitoring services. The Mint app will shut down on Jan. 1, 2024, and users are encouraged to migrate over to Credit Karma, according to a company spokesperson.
“If they have a history of data breaches, if they have a history of being litigious against security researchers — these kind of things are red flags,” he says, adding that users should lean towards reputable companies and read up on their privacy policies and security measures to know exactly what will be done with ...
Is Mint Safe to Use? Mint uses bank-grade security, which means it doesn't even have access to what you type when you connect your financial accounts. You can't initiate transfers of money or payouts of any kind from the app, which means no one else can either.
Millions of users trust Mint with their information. That's because Mint uses the same 128-bit SSL encryption and physical security standards as your bank.
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 .
T-Mobile's goal for the acquisition was more about adding customers through competitive pricing to “turbocharge growth.” “Mint has built an incredibly successful digital direct-to-consumer business that continues to deliver for customers,” Mike Sievert, CEO of T-Mobile, said in a statement on Wednesday.
Introduction: My name is Frankie Dare, I am a funny, beautiful, proud, fair, pleasant, cheerful, enthusiastic person who loves writing and wants to share my knowledge and understanding with you.
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