Simple
Description
Simple is online banking with superhuman customer service and tools to help you easily budget and save, right inside your account.
Overview
| Type: | Private |
| Funding Status: | Series C |
| Foundation year: | 2009 |
| Location: | Portland, Oregon, United States |
| Number of employees: | 251-500 |
| Founders: | Alex Payne, Josh Reich, Shamir Karkal |
| Website: | https://www.simple.com/ |
Target geographic market:
North America
About Product/Service
| Products | Online Banking (Online Checking Accounts, High-Yield Protected Goals Accounts, Shared Checking Accounts, Online Certificates of Deposit); Budgeting (Expenses, Safe-to-Spend®, Analytics: Spend and save smarter) |
|---|---|
| Core product offerings for individual/retail customers | App |
| The Base Currency | $ (USD) |
| Openning a current account (business and personal) | $0 |
|---|---|
| Monthly fees | $0 |
| Issuing physical card and delivery | $0 |
| Money transfers/payments | $0 |
| ATM withdrawals | $0 |
| Overdrafts | No |
| Minimum USD deposit required to open (a) a personal account (b) a business account | $0 |
| (a) a personal account | Yes |
Key people
Funding rounds
| Last Funding Date | Jun 11, 2013 |
|---|---|
| Last Funding Amount | $2.2M |
| Last Funding Type | Series C |
| Total Funding Amount | $15.3M |
| Number of Funding Rounds | 4 |
Financials
| Customer/Products segments | Banking, Budgeting, Personal Finance |
|---|---|
| Type of customers | Individuals |
| Number of investors | 12 |
| Number of lead investors | 4 |
| Names of lead investors | Life.SREDA, IA Ventures, Village Ventures, First Round Capital |
Tech stack
Competitors
| Founding Date | Type | Tags | |
x Air bank Air Bank is a modern and innovative 21st century... | 2019 | Challenger banks, fintech | |
x Delo Bank Online bank for small enterprises | 2018 | Challenger banks, fintech | |
x Northrow Northrow helps businesses manage regulatory and... | 2010 | Private | NorthRow |
x Metro Bank Metro Bank plc is a retail and commercial bank... | 2010 | Private | Challenger banks, fintech |
x Alpian Alpian is an innovative Swiss financial services... | 2019 | Private | Challenger banks, fintech |
Reviews
Related News
