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Personal finance app Monarch sees bump in users following Intuit s news it is closing Mint

Now that Intuit is discontinuing its personal finance app Mint in January, some startups say they are already seeing a bump in new.

Personal finance app Monarch sees bump in users following Intuit s news it is closing Mint

Monarch's co-founder said that Nov. 1 “was our biggest day in terms of new users since we launched the app” in January 2021.

Personal finance app Monarch sees bump in users following Intuit s news it is closing Mint

Now that Intuit is discontinuing its personal finance app Mint in January, some startups say they are already seeing a bump in new customers. One of these is Monarch Money, a subscription-based money manager app co-founded by Val Agostino, Jon Sutherland and Ozzie Osman, with the goal of helping customers create financial goals and a path to achieve them. My colleague Mary Ann Azevedo reported on the company in 2021 when Monarch raised $4.8 million in seed funding.

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