Mint.com chief executive Aaron Patzer was a big winner this week — not only did Intuit acquire his personal finance startup for $170 million, but he’s also taking over as Intuit’s general manager of personal finance. Plus, Intuit’s Quicken Online service will become “powered by Mint,” meaning it will become a version of Mint with Quicken branding.
After the news came out, I had a chance to interview Patzer and his new boss Dan Maurer, the senior vice president and general manager of Intuit’s Consumer Group. When I asked Patzer about his big goals now that he’s at Intuit, he noted that Mint already provides a pretty full view of the user’s finances, across their various accounts and investments.
“In the future, you’re going to see Mint allow users to move beyond budgeting, to doing more with your information,” Patzer said. “There are going to be more transactional elements, like bill pay and fund transfers.”
Another way Mint will allow you to do more with your data: Transferring all your account information directly into Intuit’s tax software TurboTax.