The mobile payment market in Europe continues to get more crowded, with the latest wave of entrants coming from across the pond to join a number of homegrown startups targeting the millions of businesses in the region that still do not accept credit card payments. Today, Intuit opened up its mobile device-based card payment service, Intuit Pay, for general availability in the UK – just a few… → Read More
Over a decade after porting its QuickBooks desktop software to the web, Intuit is finally addressing the needs of its small business owner user base with the launch of a version of the QuickBooks application for iPad. The app has been designed from the ground-up to take advantage of the tablet’s screen size and feature set. But more notably, it’s helping to refocus the QuickBooks platform from… → Read More
Yesterday Intuit took a step into social commerce with the acquisition of the team, technology and patents of social payments startup Payvment. Today, it’s revealing more about how it plans to expand its services into new areas to complement its bread-and-butter business of payrolls and accounting software, with over 20 new products. They include those in payments technologies using NFC and… → Read More
Earlier today Facebook ecommerce platform Payvment announced it was shutting down and transitioning its 200,000 merchants to competitor Ecwid, but we’ve just discovered that’s because Intuit is acquiring Payvment’s team, technology, and patents. Update: Intuit has confirmed its purchase of Payvment to TechCrunch, saying “Intuit has acquired a team of highly skilled developers who will be of great… → Read More
In a bid to reach scale and with it reap the benefits that network effects bring, Tradeshift, the free e-invoicing and business interactions platform, has partnered with Intuit, along with taking a strategic investment from the legacy accounting software maker. The amount isn’t being disclosed — said only to be ‘multi-million’ and at an increased valuation than Tradeshift’s most recent funding… → Read More
Bill.com is opening the data behind the business with a new application platform powered by open APIs for third party developers. The new platform allows developers to integrate native apps with Bill.com’s software so finance professionals can access more information from individual customer transactions in real-time. → Read More
Intuit is announcing today the availability of a new API that will give third-party developers access to the financial data service that powers Quicken, QuickBooks, Mint.com, and FinanceWorks. Basically, Intuit is allowing developers to tap into transaction information from 19,000 financial institutions, autocategorize this data, and embed it into applications.
While the Intuit Partner Platform… → Read More
Mint.com, a financial planning app that was a TC40 winner and acquired by Intuit in 2009, has just announced it has surpassed 10 million registered users. This is pretty incredible growth considering the company only had about 1.7 million users when it was acquired nearly three years ago.
The service is tracking more than $80 billion in credit and debit transactions and almost $1 trillion in… → Read More
Intuit reported fourth-quarter earnings today, with Q4 revenue increasing by 14 percent to $651 million. The company missed analyst expectations, with $0.03 in Non-GAAP earnings. Analysts expected $0.06 cents a share on revenue of $652.6 million. Net income came in at $4 million for the quarter.
“Fiscal 2012 was another strong year for Intuit, with 10 percent revenue growth and earnings per… → Read More
Scott Cook started Intuit in 1983, and since then he and the company have overcome quite a few obstacles. He watched as mobile became a dominant channel in people’s lives, found ways to penetrate emerging markets, and leveraged Intuit’s excellent reputation to pick up the hot new kid on the block, Mint.com.
The acquisition went down in 2009, two years after Mint launched on the TechCrunch 40… → Read More
Let the mobile payment wars continue! Only yesterday Square announced its ever-expanding retail availability (20,000 outlets nationwide), and today competitor Intuit GoPayment is following up with some major news of its own. Intuit is now merging its traditional POS software, QuickBooks POS, with its mobile offering (and Square rival) Intuit GoPayment.
The two solutions will now be able to… → Read More
With Disrupt NYC 2012 literally a day away (tickets here), it’s hard not to think about the past success of our former Battlefield startups. I’ve taken a close look at quite a few over the past couple weeks, and to be honest none have come as far as Mint.com. The company has rocketed to success since launching at TC40 in September, 2007, and subsequently winning the top prize at the Battlefield. → Read More
Intuit has just acquired marketing SaaS company Demandforce for $423.5 million in cash.
Demandforce’s SaaS application automates internet marketing and communications, so customers can focus on running their day-to-day operations. The startup, which is profitable, has thousands of customers across service verticals that include dental care, automotive repair, spas, salons, chiropractors, and… → Read More
AisleBuyer, makers of a virtual shopping assistant app that lets in-store customers bypass checkout lines by paying directly on their mobile phone, has been acquired by Intuit. The Boston-based startup will be joining Intuit’s payments team, where their technology will be used to transition Intuit’s existing point-of-sale solutions as well as Intuit’s Square competitor GoPayment to the… → Read More
Cloud-based invoicing platform (and TechCrunch Disrupt finalist) InvoiceASAP is out with some very welcome news for business owners and their accountants today: integration with QuickBooks. The new functionality works with both QuickBooks Desktop and QuickBooks Online, but here’s the killer feature – the proprietary solution supports syncing with QuickBooks as far back as 2004. Even QuickBooks’… → Read More
Intuit is announcing major news this evening around its mobile credit card swiping device and Square-competitor GoPayment reader. Intuit is one of the first major U.S. mobile payments readers to go international, with a launch in Canada. And Intuit is debuting a newly, redesigned sleek version of its reader.
Launched two years ago, GoPayment offers a complimentary app and credit card reader to… → Read More
Intuit has just released some good news for ”Quicken for Mac” users. The accounting software company says they will have a solution that makes Quicken 2007 for Mac “Lion-compatible” by early spring 2012. Yes, irony alert. Back in July, I wrote about the dilemma facing those users, because Apple Lion OS was dropping support for Rosetta. Without Rosetta, Quicken 2007 wouldn’t run on the Mac… → Read More
Intuit has made an interesting move today with its mobile credit card reader GoPayment reader. Intuit is allowing merchants to keep and receive funds on a prepaid credit card as opposed to depositing the amount in a bank account.
Launched two years ago, GoPayment offers a complimentary app and credit card reader to allow small businesses to conduct charges via their smartphones. GoPayment… → Read More
Intuit is the latest company to enable e-commerce on Facebook, announcing today that businesses using the company’s Websites software can create a store on the social network.
Intuit SimpleStore for Facebook will automatically sync the merchant’s website and Facebook page, loading inventory and enabling payments. Business owners can accept credit or debit card payments directly on Facebook… → Read More
Inuit’s GoPayment reader, which competes directly with Square, is making a significant move in the mobile payments space today, partnering with Verizon Wireless to sell its credit card readers in Verizon Wireless’ 2,300 retail stores and business-to-business sales channels.
Launched two years ago, GoPayment offers a complimentary app and credit card reader to allow small businesses to conduct… → Read More
BigTime Software, which offers cloud-based productivity software tools to professional services firms, this morning announced that it has raised $2 million in Series A funding in a round from LTC Partners, Geneva Venture Investment Management, Hickory Grove and Howell Capital.
The company delivers time, billing and practice management software-as-a-service that integrates with Intuit… → Read More
Intuit, the same company that brought you QuickBooks accounting software, has today announced the QuickBooks Mobile app for Android. Now, small businesses that use QuickBooks Pro, QuickBooks Premier and QuickBooks Online will have access to their data from their Android phone.
The app has already been made available to iOS users, but Android fans will now be able to get in on the amateur… → Read More
Intuit’s “Quicken 2007 for the Mac” users have a problem. The personal financial accounting software is not going to work under Lion, Apple’s new OS 10.7, due to be released as early as Wednesday. Intuit suggests three solutions. But each has its own flaws, especially if you want to track investments, reconcile your financial statements or not have to buy 3 software programs or a PC. There… → Read More
Inuit’s GoPayment reader, which competes directly with Square, is about to become more attractive to small businesses. The company has made the decision dropped the transaction fee ($0.15 per transaction) for both new and existing customers for Visa, MasterCard and Discover cards, both swiped and key-entered as well as qualified and non-qualified transactions. The move will go into effect on… → Read More
Erick recently got a sneak peek at Intuit’s GoPayment app for the iPad, a mobile payment app that lets anyone who sells a product or service get paid on the spot by processing credit cards.
This morning, the company announced that the iPad app is now available. The GoPayment apps brings a new layout that takes advantage of iPad’s large, high-resolution display and multi-touch interface. → Read More
Last night I caught up with Intuit founder Scott Cook and Aaron Patzer, the founder of Mint who know runs Intuit’s personal finance group. I whipped out my iPhone and did an impromptu interview. Cook and Patzer talk about where growth is coming from at Intuit, how it tries to encourage entrepreneurism, and the “payment graph.”
Cook is really excited about SnapTax, the TurboTax iPhone app that… → Read More
Mobile payments are finally taking off right now. But it is not mobile wallets for consumers with NFC-chipped mobile phones leading the way. It is payment apps for small merchants like those made by Square and Intuit’s GoPayment. Tonight at an Intuit showcase in New York City, I got a sneak peak at several new Intuit products still in development, including an upcoming GoPayment tablet app that… → Read More
Last night, after much procrastination, I started my taxes—on my couch with a movie playing on the TV, using only my iPad. I was testing out an early build of TurboTax, which is now available for the iPad (in addition to the online and desktop versions). I got through the bulk of my taxes by the time the movie was over.
Taxes are never fun, even on the iPad. But the new TurboTax iPad app… → Read More
Intuit raised eyebrows in early January when it rolled out a free version of its Square-competitor, GoPayment, which is a mobile payment application and small credit card reader that attaches to smartphones. The caveat to the free version, as reported by Fortune, was that businesses had until mid-February to sign up for the free service, whereas Square is and always has been free to users (minus… → Read More
Speaking at TechCrunch Disrupt in San Francisco today, Scott Cook, the founder and chairman of Intuit, and Beth Comstock, the chief of marketing and vice president of General Electric (GE) traded notes on innovation, investing and acquisitions.
Intuit’s best-known products include Turbo Tax, Quickbooks and Quicken, software that helps consumers, the owners of small and medium sized businesses and… → Read More
Seattle, WA
San Diego, CA
Menlo Park, CA
Boston, MA
Berlin, Germany
San Francisco
