Wesabe

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Wesabe was a personal finance management website established in December 2005[1] that analyzes a user's financial data to provide appropriate advice on how to save money.[2] The site went live in November 2006.[3] The company behind the website announced on June 20, 2007 that it had secured a US$4 million investment round to continue funding the website.[4] Wesabe announced June 30, 2010 that it was shutting down service on July 31, 2010.[1] Existing users will be able to download and export their data,[5] and use a forthcoming open source version of the site on their own computer.[6] New entrants are competing for the PFM market by supplying personal finance tools through employer HR departments.[7]

References[edit]

  1. ^ a b "Online Finance Startup Wesabe Heads To The Deadpool". Retrieved 2010-06-30. 
  2. ^ Needleman, Rafe (2006-11-22). "Wesabe: Easy financial tracking and tips". CNET News. Retrieved 2010-03-07. 
  3. ^ "Why Wesabe lost to Mint". Marc Hedlund's Blog. Retrieved 18 March 2012. 
  4. ^ Strange, Adario (2007-06-20). "Wesabe Secures $4 Million Investment Round". Wired. Retrieved 2010-03-07. 
  5. ^ Hedlund,Marc. "Wesabe is discontinuing its Accounts tab as of July 31st". Your Money. Your Community: The Wesabe blog. Retrieved 2010-07-02. 
  6. ^ Donovan, Brian. "Wesabe Open-Source". Retrieved 2010-07-02. 
  7. ^ Overly, Steven (2011-05-16). "The Download: HelloWallet debuts its financial help software". The Washington Post. Retrieved 2011-06-13.