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FinovateStartup 2008 Video Archives

FinovateStartup’s presenters were drawn from the ranks of the young companies that are innovating at the nexus of finance & technology. On April 29, 2008, forty innovative companies participated and demoed their products in San Francisco. You can view the demo video for Mint below.

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Finovate events are organized by Online Financial Innovations which also publishes the well-known research publication Online Banking Report and the popular blog NetBanker.


www.mint.com

HQ Location: Mountain View, California
Product Being Demoed: Mint.com
Product Launched: September 2007
Metrics: $17.5M raised, 200K+ users, 20 employees




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How they describe themselves:
Mint.com is the leading online personal finance service, providing 200,000 users a fresh, easy and intelligent way to manage their money online. And it’s free. Mint is currently managing over $10 billion in transactions and has identified more than $100 million in potential savings for its users. Mint’s management team includes seasoned industry veterans drawn from the ranks of Charles Schwab & Co., eBay, Expedia, Intuit, PGP and other leaders in the finance, security and software spaces. Investors include top venture capital firms and prominent individuals associated with companies including Blue Nile, Google, Intuit, PassMark Security, PayPal, Yahoo! and others.

What they think makes them better:
Mint, rated top in its category by PC World, applies patent-pending technology and proprietary algorithms to categorize transactions; provide a unified view of all account activity; alert users to low balances, bank fees, upcoming bills, and even potentially suspicious account activity; and give users personalized suggestions for significant savings opportunities. Designed to be effortless, Mint.com takes less than five minutes to set up. Users register anonymously using only a valid email address. Mint does the rest, securely downloading transaction data from more than 5,000 bank, credit card and investment accounts on a daily basis. Users never need to import or synch their data.

Investors: Benchmark Capital (www.benchmarkcapital.com), Shasta Ventures (www.shastaventures.com), First Round Capital (www.firstroundcapital.com), assorted noteworthy angels

Customers: With 210,000 registered users, Mint is currently managing over $10 billion in transactions and has identified more than $100 million in potential savings for its users.

Partnerships: The Motley Fool – Partnership announced in April 2008

Contacts:
Business Dev. – Anton Commissaris, VP of Bus. Dev., anton@mint.com, 650-867-9484
Press – Martha Shaughnessy, martha@atomicpr.com, 415-402-0230