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Apps, Fintech

$6M Raised as Mint Folds: Copilot Budgeting App Soars in Popularity

Intuit is winding down budgeting app Mint this week and that’s become good news for competitor Copilot. The New York-based CEO started the subscription-based personal finance tracker in January 2020 to offer an alternative to Mint. Users also save an average of 5% after starting with the app, Copilot calculates. Beyond MintLike millions of others, Ugarte tried some personal finance apps, including Mint, yet found them to be lacking. Other personal finance apps show where you are spending, even in categories that might not be relevant, he said.

Kira Kim
March 21, 2024

Apps, Enterprise

“Goodbye, Castro? Third-Party Podcast App Seemingly Meets its End While Company Remains Silent”

The once popular third-party podcast app Castro has seemingly shut down, after earlier saying that it was “actively seeking a new home” for its product. Concerns over Castro’s future, and the fate of the indie podcast app industry as a whole, have broadened in recent years as Spotify entered the market to compete with Apple Podcasts. That move influenced the exits of other smaller podcast apps, which included the sale of Pocket Casts to a collective of radio broadcasters, including NPR and BBC Studios. Satellite radio provider and Pandora owner SiriusXM also bought the podcast app Stitcher in 2020 for $325 million. Another request for comment from Casto owner Tiny was not returned as of the time of writing, but we’ll update if more information is provided.