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Intuit Continues Shopping Spree With Online Provider Mint.Com Buy

Marking its second major buy over the past few months, Intuit Inc. said it will purchase online personal finance provider Mint.com in a cash transaction worth approximately $170 million.

By Michelle A. Samaad | Updated on September 22, 2009

Marking its second major buy over the past few months, Intuit Inc. said it will purchase online personal finance provider Mint.com in a cash transaction worth approximately $170 million.

Launched in September 2007, Mountain View, Calif.-based Mint.com allows users to set up an account on its Web site and then add their credit card, bank, home loan and investment accounts for the online provider to manage for free. According to its Web site (www.mint.com), the company tracks more than over $175 billion in transactions and $47 billion in assets.

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