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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

Gadgets, Robotics & AI

The Dominance of Data Ownership in the Upcoming Tech Revolution

Red Flag Warning Hurricane Storm Danger Of Dark Sea Clouds

The convergence of Big Tech, finance, and government has enabled a new data economy. The first movement in the megacycle was the General Data Protection Regulation (GDPR) when the EU championed data privacy in 2016. Brazil stepped up and created comparative data privacy rights and is investing heavily in data infrastructure and regulation to enable citizens to capitalize on their personal data. Data privacy will evolve into data ownership rights in 2024Our data could power an entirely new data economy that could benefit every person who participates in it or not, based on their decision-making. The next tech megacycle — one in which everyday citizens worldwide own and control their personal data that powers AI — began about a year before the global COVID pandemic.