Simple Sells for $117 Million

Portland banking startup will keep offices here.

lede_3731(payne)

News
Portland's online banking startup Simple has cashed out.Spanish banker BBVA has paid $117 million for Simple, a company that has made a big splash by moving personal-finance services onto customers' phones. Rick Turoczy broke the story this morning on his blog Silicon Florist.The deal is the biggest "exit" for a Portland startup in years. It was arranged by Portland company MergerTech, run by influential ...   More
 
Thursday, February 20, 2014 AARON MESH

BankSimple Moving to Portland to Hire "Nice and Low-Key" Customer-Service Reps

payne

News
When WW profiled profiled the Silicon Forest's burgeoning tech startups in June, we named BankSimple one of the five companies to watch, even though the online personal banking service wasn't headquartered in Portland.Now it is.BankSimple announced today that it is moving its full staff of 19 people to Portland, consolidating from offices in San Francisco and its former headquarters in Brooklyn. The ...   More
 
Wednesday, August 24, 2011 by Aaron Mesh

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