Developed Quote by Aaron Patzer
“At Mint, we developed five pending patents on our technology, ranging from categorization to the Ways to Save system that calculates how much a new financial product would save a user given their present financial situation.”
About This Quote
Source Company Blog: Mint Press Release, 2015
Patzer highlights patents covering categorization and a savings calculator that personalizes financial benefits.
In simple terms: Patzer describes patents for finance tech.
Leverage patents to protect innovative financial tools.
Themes
Mood
Type
When to use this quote
- product development
- financial planning
- software engineering
Key Concepts
Questions to Reflect On
- What value do patents add to fintech?
- How to balance openness with protection?
Patents can be costly and may limit openness.