Mint Received $12 Million for Online Money Management

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Mint Received $12 Million for Online Money Management

Mint raised $12 Million in series B from Benchmark Capital, Shasta Ventures and First Round Capital. Mint previously $4.7 Million in October 2007.

What does Mint do?

Mint provides online money management and provides savings recommendations.

VCU says:

Mint states that since they launched they signed more than 160,000 users, services $10 billion in transactions, and identified more than $100 million in potential savings.

Mint is an online money management application. It is free to use and they claim effortless to set up. Their system is accessible from your desktop, laptop or cellphone.

The application pulls together all your information from your bank, credit union and credit card data. It provides bank level security and is private.

The benefit is the money-saving and money-making suggestions based on your information and personalized to you.

To provide the above benefits Mint connects to over 3,500 US financial institutions. Your account information is updated each night. Mint automatically categorizes all your purchases, showing you how much you spend on gas, groceries, parking, rent, restaurants, and more.

Take a look at Mint.




Read more about Shasta Ventures here

Read more about Benchmark Capital here.

Read more about First Round Capital here.

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