Shutting Down Mint Has Gone Better Than Expected, Intuit CEO Says
- Company urged users of budget app to move to Credit Karma
- Customers were angry in November when decision was announced
Sasan Goodarzi
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Intuit Inc.’s decision to close free budgeting app Mint and move customers to Credit Karma has gone better than expected despite frustration from users, Chief Executive Officer Sasan Goodarzi said.
Many people who relied on Mint to track their personal finances were unhappy with the company’s announcement last November that it would shut the app and ask users to move to Credit Karma, another service Intuit acquired in 2020 that has focused on aggregating loans.