Mint.com Becoming Mainstream in Economic Turmoil?

Posted by Kristen Nicole on December 4th, 2008 9:01 AM

-Mint Logo- Online personal finance tool Mint.com has come a long way since launching last year. Having gained a good deal of attention for its service, which allows users to manage their finances and access various recommended services such as credit card accounts, Mint.com has swiftly grown to over a reported 600,000 users.

Emerging from its beta test phase, Mint.com also has a lot to be thankful for this holiday season. The company has been selected as a Technology Pioneer 2009, by the World Economic Forum. The requirements for such a globally recognized award include having an impact on business as well as society. As a result of being a select company for the forum, Mint.com will be participating in the World Economic Forum Annual Meeting in Davos, Switzerland next month.

What’s especially encouraging about Mint.com’s recongition by the World Economic Forum is its poential for pushing out web-based services as widely adopted products ready for mainstream use. There are a number of other services hoping to do the same thing, from Geezeo to SmartyPig. And such a personalized service such as Mint.com also goes along with the custom, web-based “concierge” services we’re seeing emerge as stand-alone apps as well as added perks from financial institutions.

So such recognition from an organization like the World Economic Forum can do wonders for not only Mint.com but others in its space. Especially important is the financial benefits of having a tailored DIY service, in light of the current US economy when many are looking for reasonable ways in which to manage their finances.

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Cheap Textbooks 1 year ago 1 point
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i agree with scott. money management should begin from the early age to cope with such crisis. I hope mint.com will provide a solution for this and would help to make people more aware from investment and finance point of view.

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Scott 1 year ago 1 point
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As American's, we don't learn enough about financial management at the personal level when we are young or old. My hope is that services such as Mint.com and ZimpeMoney.com (have not viewed it yet) will lead us all to use more basic intellgence about money, ours and the billions we will dish out to correct our earlier mistakes.

Good luck.

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http://www.scottmoroney.com

Steven Rabago 1 year ago 1 point
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Congratulations Mint! I am a believer in the emerging social finance movement. I see all financial services being offered to consumers where they can select which companies they choose and customize the financial platform that fits their needs. ZimpleMoney.com is such a site. We should be live in a few days. Hope you come and take a look.

Steve Rabago, ZEO, ZimpeMoney.com

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http://206.82.220.170/

Dan Thornton 1 year ago 1 point
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I have to admit that although I had a passing interest in personal finance tools, and particularly social finance tools, as the economic situation has got worse, I've become more and more interested!

The main reason for me is to make interacting and interpreting my finances much easier, as most banks are incredibly unfriendly to use.

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