Manilla on Track to Surpass 1 Million Users, Securing the Top Spot in Digital Mail Organization Category

Company Reports More Than 3 Million Accounts and 3,500 Businesses Under Management; Expects Growth of More Than Double by End of 2013

Marketwired

NEW YORK, NY--(Marketwired - Jul 10, 2013) - Manilla (www.manilla.com), the leading, free and secure service that allows consumers to manage their bills and other personal accounts on desktop, tablet and mobile devices, today announced that it has surpassed 500,000 activated users managing, on average, six provider accounts and expects to more than double its user base by the end of the year. 

"Surpassing 500,000 users validates the business that Hearst envisioned when creating Manilla and proves that there is a real, growing consumer demand for a new type of account management tool," said Jim Schinella, CEO of Manilla. "Manilla addresses the very common, yet complicated, challenge of staying organized by bringing everything into one place, changing how consumers manage accounts and how businesses engage with customers up to and through a transaction. We expect momentum to continue and acquisition metrics to more than double by the end of the year as we roll out new distribution channels, new mobile and Web features, and new partner companies." 

Manilla has also recently announced new product advancements, including the ability to create custom reminders and one-click secure email import to help streamline the consumer experience. These user-requested advancements and others soon to be announced are contributing to Manilla's user and account growth.

Recent Manilla data demonstrated that digital mail lowers costs for companies that have joined the Manilla service, as well as increases traffic and mobile downloads. Manilla's commercial partners also value the service because of the targeted marketing opportunities that are completely protected from competitors. They have the ability to drive deeper customer engagement and more meaningful customer relationships, while also benefiting from the cost savings of not having to send paper mail to Manilla customers. 

"Consumers want to see and pay their bills in one place," said Joe Proto, chairman and CEO of Transactis, an electronic billing and payment provider. "Manilla helps billers reduce the costs of mailing paper bills while conveniently presenting electronic bills to consumers. Companies working with Manilla also like the ability to communicate to their customers with meaningful marketing messages."

Manilla's platform provides convenient, secure online access to all household accounts and services for more than 3,500 businesses. The free service helps consumers manage all of their household accounts, including financial accounts, utilities, subscriptions, daily deals and travel rewards programs, all through Manilla.com or via the highly rated Manilla Android or iOS mobile apps.

About Manilla
Manilla organizes and simplifies people's lives by providing one secure access point to all household accounts and services. The free service helps consumers manage their household accounts, including financial accounts, utilities, subscriptions, daily deals, and travel rewards programs, all through Manilla.com. Consumers can also use all of the Manilla features on the go by using Manilla's 4+ star customer-rated Android and iOS mobile apps. Under a single password, Manilla gives customers an automated, organized view of all of their account information, text and email reminders to pay bills, renew expiring subscriptions, and manage soon-to-expire daily deals, all with unlimited storage and seamless document retrieval.

Manilla is a company incubated within and backed by Hearst Corporation. Manilla is the recipient of the Webby Award and People's Voice Award for Best Banking/Bill Pay Service and was chosen as ABC News "App of the Week," as one of Money Magazine's "Top Money Apps" and as one of PCMag.com's Top 100 Websites. For more information, please visit www.manilla.com.

Contact:
Press
Marc Karasu
VP Marketing Manilla
Mkarasu@manilla.com

Rachel Shaffer
Allison+Partners
Rachel@allisonpr.com
646-428-0626
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