Jason Calacanis just announced that Mint was chosen as the best presenting company at TechCrunch40. The provider of an impressive personal finance application will receive $50,000 as part of the award.

Mint presented its application this morning during Session 5, which was entitled “Productivity and Web Applications”. See our coverage of that session here.

Mint is a personal finance application that lets users track and monitor their financials in one place without the need of routine maintenance or accounting knowledge. Their application tracks bank, credit union and credit card transactions and alerts users to upcoming bills, low balances or unusual spending. Mint’s patent-pending technology automatically categorizes transactions, so users know with precision where they are spending money, what their bank and credit balances are, and how much interest they have earned.

Their application also helps people find ways to save money by constantly searching for deals on credit cards, bank accounts, etc. Mint’s technology also analyzes your finances and makes suggestions all while using the same security systems as top banks.