Quicken has been in the business for nearly 40 years. But fast forward 5 years and Quicken is still kicking. Some people thought the acquisition spelled the end of the software.
As Quicken revenue declined, Intuit sold the company in 2016 to H.I.G. The program did everything, from tracking investments to balancing a checkbook.īut other alternatives emerged, and Quicken wasn't able to innovate fast enough to keep up with the times. It quickly became the king of personal finance software. When Quicken came out in the 1980s, it made a big splash. But there are a few other reasons why some people think Quicken is on its way out.
