Mint.com Raises Another 14 Million
Posted by on August 13th, 2009 View Comments
Posted in Corporate Development |
Mint.com is the nation's leading online personal finance service. The site is great example of how a quality product speaks for itself. Mint.com has a user base of approximately 1.4 million up 400,000 since March 2009. The system itself utilizes a tracking system that records data of around $175 billion in transactions and $47 billion in assets. All of Mint.com’s hard work and quality service has paid off with $14 million in Series C funding. The funding led by DAG Ventures represents a portion of the $30 million in total funding raised. A recent release of their iPhone app has been ranked #1 in the iTunes finance category. Aaron Patzer, Mint.com’s CEO recognizes that their current success comes during hard times in the economy. Their connection to helping personal finance and online reputation as one of the top financial resources has given them the ability to execute and prepare for the future. Mint.com will continue to pursue technological improvements to their system to keep users active and increase their overall user base. Their team has stated that the funds will be allocated to expanding Mint's already award-winning team, particularly its engineering staff, and to accelerate product upgrades and new partnership launches scheduled for the next 6-12 months.
