Simple Sells for $117 Million

Portland banking startup will keep offices here.


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

Tech CEO Nitin Khanna and Accuser Settle in Rape Case

Lawyers for Khanna and Fale decline to give further details on deal in $2.3m suit.


A local technology titan and the woman who accuses him of raping her the night before his 2012 wedding reached an out-of-court settlement last week, lawyers for both parties confirmed.On Jan. 15, WW first reported the civil lawsuit the woman filed in Multnomah County Circuit Court. Last Friday, The Oregonian reported a settlement between representatives of Merger Tech CEO Nitin Khanna and Lori Fale, ...   More
Monday, January 27, 2014 by Alex Tomchak Scott

Dotcom Before The Storm

An alleged rape victim turns to crowdsourcing in her civil suit against a prominent Portland software executive.

News Stories
A new lawsuit accuses a leading Portland software entrepreneur of sexual assault, and his accuser has taken the extraordinary step of trying to crowdsource $11,500 to help pay for her civil case   More
Wednesday, January 15, 2014 ALEX TOMCHAK SCOTT


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