Wednesday, September 2, 2009

Mint got 14 million U.S. dollars

More information is coming in the third round of the 14 million U.S. dollars funding the service staff of the Mint funding ended last month. Of this funding, we have heard from two sources close to the company, worth mint in a position of a huge U.S. $ 140 million of depreciation of money.

In a series of "normal" financing from a company will be diluted by 25-35%, ie the evaluation of expectation in a round of $ 14 million to about $ 45 million - 60 million dollars. The recovery of 140 million U.S. shows two things - the currency is on a roll, and unlikely to need much capital.

Mint has grown to 1.4 million registered users, followed by 175 billion U.S. dollars in transactions and 47 billion dollars in assets. The site also indicates that it has identified $ 300 million offered by the potential savings for its users. He made all his money by creating avenues for financial institutions but also sitting on a wealth of user data that has not even begun to grasp yet.

Computer Technology View Point



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