Regions

American finance app Mint integrates with Coinbase for faster bitcoin and finance tracking

January 30
7:58 AM 2014

Mint, a personal finance app, is integrating with bitcoin wallet service Coinbase. The deal allows Bitcoin owners to quickly track the value of their stash and compare it with the rest of their finances, according to VentureBeat.

At present, Mint has 14 million users. The app connects people to 20,000 different bank, loan, investment, and credit card accounts to let them view their financial statements and manage their money all in one place, the report detailed.

Coinbase is currently the most popular and well-respected bitcoin wallet service in the market. The service supports over 870,000 consumer wallets. According to Mint product manager Vince Maniago, that number is bigger than the client base of many average-sized banking firms, the report said.

Bitcoin is already becoming a part of the mainstream industry. Although it is called a currency, bitcoin is considered more like an asset. With a value that is still volatile, people usually purchase bitcoin for trading purposes rather than for spending, the report explained.

With the integration with Coinbase in place, Mint will now let people monitor their bitcoin investment along with their other financial accounts, VentureBeat explained.

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