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 customersApp
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
OverdraftsNo
Minimum USD deposit required to open (a) a personal account (b) a business account$0
(a) a personal accountYes

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 customersIndividuals
Number of investors 12
Number of lead investors4
Names of lead investorsLife.SREDA, IA Ventures, Village Ventures, First Round Capital

Tech stack

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