Personal Finance Online: Mint Goes Live to the Public, BillShrink Gets $8M

By October 15, 2008

Two of the more popular personal finance sites made major announcements Tuesday. (see our coverage), the free investment tool, opened to the public Tuesday after a successful private-beta. To go along with the release, a host of new features were added, including comprehensive views of all investment accounts, portfolio-level asset allocation information, and a IRA Advice Center.

Mint’s traffic has doubled since the financial crisis began, and was at 500,000 users when it went public.  It is already handling $8 million in investments.  Mint was winner of last year's Techcrunch40.

Also on Tuesday, BillShrink announced $8 million in Series B funding.

BillShrink is a service that finds the best prices for cell phone plans and credit cards. BillShrink claims to save customers an average of $300 a year in wireless bills and $1000 a year on credit cards.

"There really is no other service that goes to the level of detail and personalization that BillShrink does to accurately address the financial needs of its users," says David Cowan of Bessemer Venture Partners. "With today's economy taking a turn for the worse, it's especially important for Web technology to help consumers solve real-world problems."

BillShrink’s funding was lead by Trinity Ventures and Bessemer Venture Partners.

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