Mint, online money manager, raises $4.7M

http://venturebeat.com/2007/10/16/mint-online-money-manager-raises-47m/

by terpua • 19 years ago

6 14 19 years ago

nootopian• 19 years ago

Is it just me or does the idea of providing all my bank and credit card login details make anyone else a little nervous?

garbowza• 19 years ago

All these login details are provided for Quicken as well, but I guess the difference is that since Quicken is installed on your computer, it feels more secure. Whether that is actually the case is another story...

migpwr• 19 years ago

I have not tried Mint yet but has anyone compared it with Bank of America's online services? They're not bad, just a little sluggish...

emmett2• 19 years ago

I use both extensively, and Mint is far superior. You get an immediate understanding of where your money is going that BoA's stuff doesn't even attempt to provide.

edw5192• 19 years ago

I agree with you completely. This has to be one of the dumbest business models out there. (Now that I've said that, look for the Mint IPO, Quarter 2, 2009.)

emmett2• 19 years ago

Whether or not you'd provide your login details, the business model is far from dumb. They have an amazing amount of information about you that can be used for incredibly targeted advertising.

natrius• 19 years ago

I use Wesabe to manage my money (I'm not involved in the company and I don't know them). They have a client application for Windows and OS X that downloads your data from your bank and sends it to them, so your bank credentials never leave your computer. For Linux users like me, or anyone who doesn't want to install the client, you can download the Quicken/Money files from your bank and upload it to Wesabe directly. It's nifty stuff, and built with security in mind.

I think they came out with a Firefox extension to replace the desktop client recently, and that works on Linux as well, but I haven't used it yet. Which reminds me, I should probably go sync my data again.

Edit: Now I've used the Firefox extension, and it works like a charm. Apparently some banks allow you to programmatically access your data somehow, and the extension is capable of automatically getting the data that way, but my bank, Wells Fargo, doesn't. In this case, the extension tells you to download your data manually while it records all the actions you take so it can play them back automatically. Neat.

My only gripe with the extension is that it wants you to add a button to your toolbar instead of just using an entry in the Tools menu. I went ahead and added it, set up my accounts to update automatically, then removed the button.

brlewis2• 19 years ago

It bothers me too. Which personal money management sites have an option to just upload statements?

bct• 19 years ago

Wesabe, as mentioned by natrius above.

Mint, online money manager, raises $4.7M

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