Check is a startup that was founded in 2008, which developed a bill paying and bill management app. The company, which is based in Palo Alto, processes $500 million in payments each year, from 10 million users.
Intuit, the company that makes TurboTax and Quicken, has agreed to buy Check for about $360 million. Intuit is expanding into web and app based services by acquiring such companies as Lettuce and Mint.
Intuit, which trades on NASDAQ, was founded in 1983.
No comments:
Post a Comment