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Report: Intuit Nabs Personal $$$ App Maker

Intuit has acquired a personal finance Mac web app and iPhone app Cha-Ching for an undisclosed sum, reports TechCrunch. According to Midnight Apps, the developer of Cha-Ching, "The Cha-Ching team has merged with Intuit and will continue to provide you great design, useful features and incredible products as part of the Intuit Personal Finance Group."

In the meantime, Cha-Ching also appears to have been taken down from the App store. Last year, Intuit acquired personal finance site Mint.com for $170 million. Similarly, Cha-Ching's Mac and iPhone apps allow users to track their daily transactions and bank accounts. Users can also schedule bills and payments, set budgets and upload receipts, among other features. "It's unclear how Cha-Ching will be folded into Intuit, but the company could be using the technology to boost their Apple applications, which includes the Mint iPhone app and a Quicken app for Mac," suggests TechCrunch. "And its looks like Intuit is trying to replace their existing personal finance product Quicken online with Mint.com, so Cha-Ching's consumer-focused technology could be part of this strategy."

Read the whole story at TechCrunch »

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