- Mint’s Standalone Operations End: Mint, the personal financial management business, will no longer operate independently from January 1, 2024.
- Mint Merged into Credit Karma: It will be integrated into Intuit’s Credit Karma business.
- Acquisition History: Intuit initially acquired Mint in 2009 for $170 million, and later, Credit Karma in 2020 for $7.1 billion.
- Prior Collaboration: While operating separately, Mint and Credit Karma previously collaborated on projects like Credit Karma’s Net Worth feature.
- Transition Invitation: Intuit encourages Mint users to transition to Credit Karma’s services, assuring similar offerings based on user data.
- Expanding Credit Karma: The merger aims to combine Mint’s money management expertise with Credit Karma, creating a comprehensive financial platform with better financial profiling and savings opportunities.
Intuit to merge personal financial management subsidiary Mint into Credit Karma
