Mint or Intuit Mint is a personal finance management wesbite and mobile app operating in US and Canada.
It was initially introduced by Aron Patzpr in 2006. Mint was formerly known as Mint.com. It is the top online budgeting tool with 3.6 million active users in 2021.
In 2009, Intuit acquired Mint. This company also owns TurboTax, Quickbooks, and Credit Karma.
Mint app allows its users to set a monthly budget and budget by category and link their spending accounts to the service. It eased up the process of tracking each expense.
Mint requires its customer to provide the userneame and password of all the bank accounts, credit cards and other financial accounts.
This raised concerns among the customers that if Mint database gets hacked then all these information will be accessed by a rogue third party.
Intuit and JP Morgan Chase settled on a dispute and agreed to develop a software where only Chase's customers will send their information.
The parent company of Mint, Intuit want to focus on Credit Karma which has more features than Mint. The company gave users 2 months to gather all the information from the app.
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Mint is a popular app for finance management. However, the parent company of Mint, Intuit has other plans for the company.