The Hearst-backed service for managing bills, Manilla is slated to shut-down on July 1, due to inability to bring the business to scale.
“This was a hard decision given that, over the past three years, Manilla has won many awards and has been well supported by its valued user base but was unable to achieve the scale necessary to make the economics of the business viable,” the company wrote in a statement on its website announcing the closure.
Manilla initially launched with the goal of offering users a single place where they can pay their bills and manage their accounts- either on a desktop, laptop or mobile device.
Through July 1, users will be able to access individual documents from the Manilla website and send or receive documents from other applications through email. After June 30, 2014 documents will no longer be collected, though the service will continue to store documents securely through September 30, 2014. After that date, all documents will be destroyed by erasure using National Institute of Standards and Technology’s (NIST) “Guidelines for Media Sanitation”, or NIST 880-88.
The service first launched in 2011 and partnered last year with AOL to create AOL Bill Manager.
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