Simple (Acquired/Merged)

  • FOUNDING YEAR: 2009
    LOCATION:
    United States
    REGION:
    OR
    Last Update:
    rp87 120A ,
  • Simple was acquired by Banco Bilbao Vizcaya Argentaria bank on February 20, 2014. Simple is mobile/web interface which provides users with access to data around their financial history, as well as tracking of expenditures and savings goals, with automated purchase data collected when its customers use their Simple Visa debit card.
  • "It is extremely difficult to get consumers to change and leave their banks. Plus, although they are not a bank, they still operate like a financial institution, and they will face challenges that big banks have decades of experience with."
    Author: Jacob Jegher, analyst at Celent

    FOCUS

    PRODUCTS & SERVICES:
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    REVENUE MODEL:
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    EXISTING PARTNERSHIPS:
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    PEOPLE

    FOUNDERS:
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    Board Members and Advisors:
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    NUMBER OF EMPLOYEES:
    02-015
    INVESTORS:
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    TRACTION

    VALUATION / MARKET CAP:
    M171M
    TRANSACTIONS VALUE:
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    ACTIVE USERS:
    0010.0

    MOMENTUM

    FUNDED:
    YSE
    TOTAL FUNDING:
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    SEED & PRIOR FUNDING:
    19K0
    FUNDING SERIES:
    SERIES A
    2iosiM. 9lln Closed:
    SERIES B
    oM1inll i0 Closed:
    SERIES C
    liM 2i.so2nl Closed:
    COMMENTS
    SERIES B : .
    LISTED:
    ON

    RELATED MARKET RESEARCH


    TWEETS

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