The Ashes

Technology, Science and other news
August 16, 2009

Mint.com Raises $14 Million Series C

Posted by : admin
Filed under : General

mint-logo
Mint.com is a popular online and mobile financial service that tracks spending habits and makes recommendations on ways to save money.  The company recently raised $14 million in Series C according to an SEC filing.

The $14 million round of funding was led by DAG Ventures.  Other investors include Founder’s Fund, Benchmark Capital, Shasta Ventures, Sherpalo Ventures, and First Round Capital.  Mint.com revenues are up 8 times year over year.

Currently Mint.com has about 1.4 million registered users and tracks $175 billion worth of transactions along with $47 billion in assets.  Mint.com has helped consumers potentially save about $300 million.

Mint.com will be able to capitalize on the data that is fed from their users’ bank accounts.  They can track the spending habits of all the consumers such as how much they spend on real estate and food.  Given this information, Mint would be able to generate reports and sell it to financial institutions or even grocery chain headquarters.

Based on these reports, financial institutions or grocery chains could tweak their APR and prices to maximize user consumption.

Tags :

No Comments

(required)
(will not be published) (required)
(opitional)

cciash.com EN ES IT DE PT CZ FR RU
February 2018
M T W T F S S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728  

Pages

Categories

Resources

There are many online poker site where you can play but at poker.hk you can play the poker games with all the knowledge you need related to the game with the poker school available in both the English and Chinese language.

Super Casino

Now you can bet on any sports and any sporting events from all the comfort from your home. Bet770 allows you to bet on any events and match with in just 3 clicks. They also offers great odds on football betting for every premier and champions league match. Get £50 free in bets when you register.

Bingo770, offering best online bingo games with £7.70 free no deposit Bonus!