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Globe and Mail
28-07-2025
- Business
- Globe and Mail
Intuit Launches New App Partner Program to Drive Growth for Third-Party Developers and Enhance Customer Experiences
Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced the new Intuit App Partner Program, designed to foster innovation and provide enhanced support for its Intuit QuickBooks and Intuit Enterprise Suite app ecosystem. The new program introduces an improved developer experience, access to new APIs, and go-to-market initiatives that help developers and businesses on the Intuit platform grow. For more than two decades, the Intuit Developer program has been instrumental in powering millions of QuickBooks customer experiences through thousands of integrated applications. With access to the Intuit App Marketplace, businesses on the Intuit platform use apps to meet their unique industry-specific needs, streamline processes with deep data flows, and save time with integrated, done-for-you experiences that drive growth, all in one place. The new Intuit App Partner Program builds on this legacy, providing an industry-leading, engaging approach that encourages deeper partnerships and collaboration with developer partners of all sizes. "We're deeply committed to investing in our app ecosystem and empowering developers to integrate innovative and high-quality applications for our shared customers," said Joshua Hofmann, Vice President, Global Partner Ecosystems, Intuit QuickBooks. "The new Intuit App Partner Program represents a significant milestone in our commitment to foster a thriving developer community and deliver exceptional experiences for all businesses on the Intuit platform." New tiers, benefits, and access to APIs drive growth The new program introduces four distinct partner tiers – Builder, Silver, Gold, and Platinum – based on customer adoption and depth of the app integration with QuickBooks and Intuit Enterprise Suite. Each tier provides developers with resources, support, and access to new, impactful program benefits that help them create and enhance their integrations and grow their customer base. These new benefits, based on a developer's subscribed tier, include marketing opportunities, access to analytics to better understand usage of their app, early access to APIs, and more. 'Our new Platinum-level partnership with Intuit is more than just a badge, it's a shared commitment to helping accountants, bookkeepers, and businesses achieve bigger things,' said Sabby Gill, CEO of Dext, when commenting on the new program. 'Together, we're putting innovative and powerful tools in the hands of the people who move business forward, freeing them to focus on what really matters.' The launch of the new program also coincides with the availability of several new APIs that provide developers with richer functionality and deeper integration options with QuickBooks and Intuit Enterprise Suite. These new APIs, which include project management, sales tax, payroll, and more, help developers build integrations that grow with businesses as they scale, meeting the more complex needs of mid-market businesses. Pricing and Availability The new Intuit App Partner Program also introduces a new pricing model. It includes access to APIs at no charge and variable API fees, which are implemented as third-party apps grow their customer base on the Intuit platform. The new program also includes a flat monthly program fee based on developer tiers. The new fee structure allows Intuit to expand its investment in the overall partner program, including the ability to scale developer infrastructure and support, and provide access to better tools and richer APIs. The new Intuit App Partner Program is available in the US starting today. To learn more about the new program, visit the Intuit Developer website. About Intuit Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at and find us on social for the latest information about Intuit and our products and services. This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, functionality are subject to change without notice.
Globe and Mail
13-07-2025
- Business
- Globe and Mail
Prediction: Solana Will Be Worth $500 Within 5 Years
Key Points Solana is seeing a lot of users actually using its chain for what it was intended to do. That's driving money to the chain itself, as well as into its app ecosystem. Its competitors aren't anywhere near it in terms of how much cash their apps bring in. 10 stocks we like better than Solana › Would you want to invest in a store that gets a lot of paying customers, or one that doesn't? The same principle applies to blockchains, as the chains that collect the most fees are the ones people actually use. Right now the busiest store is Solana, (CRYPTO: SOL) which has raked in more protocol revenue than any other network for three straight quarters and counting. Furthermore, at roughly $150 per coin, its market still prices it like an also-ran rather than a star player. That mismatch between cash coming in and price going out is why I think the token can top $500 within five years. Network revenue and app revenue are winning the day Let's clarify two very important concepts for evaluating cryptocurrencies like Solana: Network revenue, and application revenue. Network revenue is simply the sum of fees users pay to get their transactions registered into a block on the chain. Application revenue, on the other hand, is the sum total of revenue generated by the applications running on a chain. High network and app revenue means heavy activity, in the form of decentralized finance (DeFi) swaps, non-fungible token (NFT) mints, payments for services, and borrowing or lending flows. In the 24 hours leading up to July 8, Solana brought in $1.3 million in network revenue, and its app ecosystem brought in $8.6 million, vastly outclassing all of its competitors by a large margin. This streak has been accelerating in the most recent quarter. Solana booked more than $571 million in app revenue in second-quarter 2025, leaving Ethereum 's $200 million in the dust. Daily snapshots tell the same story. On July 6, Solana captured almost half of all layer 1 (L1) and layer 2 (L2) network earnings worldwide. Why do users keep piling in? Start with transaction costs and speed. A typical Solana transaction costs about $0.00025 and settles in a couple of seconds, compared with Ethereum's multi-dollar gas bills that arrive fashionably late. Those economics make Solana the chain of choice for high-frequency decentralized exchange (DEX) trading, driving 46% of all decentralized-app revenue across crypto last quarter. App developers follow the money, as they won't get paid otherwise. On that front, more than 7,600 new builders joined the ecosystem in 2024, the fastest growth in the sector by far. A bigger dev base seeds more apps, which beget more users, which inflate revenue, making the Solana flywheel exactly what Ethereum pioneered but is now struggling to maintain. Taken together, nine months of revenue leadership signal that Solana owns the most vibrant storefront in crypto. Next comes turning that cash register ring into price appreciation, which will take time. The path to $500 is very plausible from here Given the above, the odds of Solana growing significantly over the coming years are fairly favorable. Hitting a target of $500 from $152 requires a 229% climb, or roughly a 3.3x return from where the coin is today. That sounds heroic until you remember that Solana traded near $260 in late 2021, with far less adoption than today, and with practically zero in terms of its DeFi application revenue. Assuming network revenue keeps compounding while fee-burn mechanics retire a slice of every transaction cost, the float of available tokens will tighten over time, pushing the price lever upward. Speed and cost aren't the only draws. Solana's single-shard architecture lets every smart contract and program see the same state at once, cutting the complexity of cross-chain bridges that have plagued rivals with hacks and downtime. If big-ticket real world asset (RWA) platforms or AI inference markets pick a chain for throughput reasons, Solana's capacity to process 65,000 transactions per second (TPS) makes it a frontrunner. Still, five years is plenty of time for potholes along the way. A hard regulatory crackdown on low-fee chains, a catastrophic validator outage, or Ethereum's long-awaited darksharding upgrade could all erode Solana's edge. Macro shocks matter, too. If liquidity vanishes from the market, fee revenue will follow it down for both its apps and the network itself. Even so, the core thesis is simple. Money talks. When a chain out-earns everyone else for nine straight months, the market usually notices eventually. If Solana's revenue keeps sprinting while its tokenomics quietly throttle supply, a triple-digit price tag starting with "5" is no stretch whatsoever over the next few years. In fact, I predict that it'll happen before 2030, because right now, its competitors simply can't keep up with its main draws. Should you invest $1,000 in Solana right now? Before you buy stock in Solana, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Solana wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor 's total average return is1,047% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 7, 2025
