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Budgeting app Copilot is booming now that Mint is dead, leading to $6M Series A
The company reached profitability in 2023, however, more customers began asking for web and Android capabilities so they could share Copilot.
Mint’s demise represents both the end of an era and proof that consumers want more from their finance app, founder Andres Ugarte told TechCrunch. Copilot analyzes activity, including recurring payments, and displays the five to 10 budget score categories that the user wants so they can see where they are at in terms of spending and saving. “We’ve been doing a lot of machine learning over the years, however, we now have users saying they export their data from Copilot into ChatGPT and having conversations about their finances,” Ugarte said.
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