Press & Blogger Central / Press Release


Contact: Martha Shaughnessy
AtomicPR for Mint
martha@atomicpr.com
415.402.0230

Mint.com selected as a 2009 Technology Pioneer by
the World Economic Forum


Mountain View, Calif., December 4, 2008 - Mint.com (www.mint.com), the leading online personal finance service, announced today that it has been selected as a Technology Pioneer 2009 by the World Economic Forum. Candidates for this prestigious award are nominated by the world’s leading technology experts and are judged by a distinguished panel appointed by the World Economic Forum. Thirty-four companies were selected this year for their accomplishments as innovators and for their development of technologies expected to have a deep impact on global business and society, Technology Pioneers are invited to participate in the World Economic Forum Annual Meeting to be held in Davos, Switzerland in January, 2009.

“We are very proud to be recognized by the World Economic Forum,” said Aaron Patzer, CEO and Founder of Mint.com. “We launched our free, online service in 2007 with the goal of helping reverse American’s negative savings rate by making personal financial management simple, automatic and affordable for everyone. It’s an incredible honor to be recognized for that vision, our technology and the progress we’re making toward that objective in our first year.”

With more than 600,000 users, Mint.com is the leading and fastest-growing personal financial service, tracking more than $50 billion in transactions and $15 billion in assets. And it’s free. Mint’s “Ways to Save” feature has already identified more than $100 million in potential savings for its users, and has helped change the way the majority of its users spend their money.

Now in its 10th year, the Technology Pioneers Program has identified 400 companies worldwide that have contributed to the Forum’s mission of improving the state of the world. To be selected as a Technology Pioneer, a company must be involved in the development of life-changing technology. In addition, it must demonstrate visionary leadership and show all the signs of being a long-standing market leader – and its technology must be proven. Previous Technology Pioneers include 23andMe, Amyris Biotechnologies, Dr Reddy Laboratories, Google, Gridpoint, Infosys, Kaspersky Lab, Mozilla Corporation and Nanosolar.

“We congratulate the newly selected Technology Pioneers for their remarkable achievements and welcome them to the wider community of the World Economic Forum. During these difficult times, we are certain that the technologies driven by these visionary companies will contribute to the next wave of growth, with the innovative and entrepreneurial spirit that characterizes them,” said André Schneider, Managing Director and Chief Operating Officer of the World Economic Forum.

This year’s class of Technology Pioneers is among the most geographically diverse, representing fifteen countries. They are active in fields such as in-body computing platforms for personalized healthcare; utility-scale solar power projects; mobile phone authentication methods to assure drug safety in developing nations; miniaturized 3rd generation mobile networks; traceability and assurance over food quality; and electric motors with unprecedented levels of energy efficiency and smart grid solutions. The entire list of Technology Pioneers, and interviews with the executives of the selected companies, can be found at: http://www.weforum.org/techpioneers.

For more information about Mint, visit http://www.mint.com.

About Mint (http://www.mint.com)

Mint.com is the leading online personal finance service, providing over 600,000 users a fresh, easy and intelligent approach to money management. And it’s free. Mint is tracking $50 billion in transactions, $15 billion in assets and has identified more than $100 million in potential savings for its users. Designed to be effortless, Mint.com takes less than five minutes to set up. Users register anonymously using only a valid email address. Mint then does the rest, securely downloading transaction data from more than 7,500 US financial institutions on a daily basis. Users never need to import or synch their financial information. Mint 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.

Mint is rated top in its category by Money, PC World and PC magazines and was named one of the 50 Best Websites of 2008 by Time magazine. The product has received two Webby awards, an American Business Award and accolades from the Wall Street Journal, BusinessWeek, TechCrunch and Lifehacker since its September, 2007 launch.

Mint’s management team includes seasoned industry veterans drawn from the ranks of Charles Schwab, eBay, Expedia, Intuit, PGP and other leaders in the finance, security and software industries. Investors include top venture capital firms and prominent individuals whose past investments have included Google, Intuit, eBay, PassMark Security, PayPal, Yahoo! and others.

For more information on Mint.com’s free online personal finance service, please visit www.mint.com.

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas.

Incorporated as a foundation in 1971, and based in Geneva, Switzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan or national interests (http://www.weforum.org).

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