banksimple

  • Simple Is Now Available To The Public, Cofounder Alex Payne Moves On

    Simple Is Now Available To The Public, Cofounder Alex Payne Moves On

    There is nothing more broken than the payments/banking system, which makes me and everybody else root for payments (and more!) startup Simple (formerly BankSimple). We all hate our banks and, especially if you are in SF, we constantly hope that the future will be better. And, again if you’re like me, Simple is your great white hope: A Mint that won’t sell out and actually is… Read More

  • Simple Rolls Out iPhone App, But Still No Word On Public Launch

    Simple Rolls Out iPhone App, But Still No Word On Public Launch

    Simple (formerly known as BankSimple), the startup with $13.1 million in funding to build a better banking experience for customers, has today introduced its first┬ámobile application, surprisingly ahead of its public launch. Operating in private beta/invite-only mode for now, co-founder Joshua Reich says that anyone with a Simple account can now use the app, which had been limited to… Read More

  • BankSimple Is Now Just ‘Simple’, And It’s Accepting Its First Users

    BankSimple Is Now Just ‘Simple’, And It’s Accepting Its First Users

    BankSimple, the well-funded startup that’s setting out to build ‘a bank that doesn’t suck’, has some big news today: it’s now allowing its first users into the service. And to mark the occasion, it’s announcing another major change: the company is now just called Simple (and yes, they own Simple.com). Simple has gotten a lot of pre-launch coverage — it… Read More

  • BankSimple Shows Its Web-Based Banking Tool On Video

    BankSimple Shows Its Web-Based Banking Tool On Video

    Since we first heard of BankSimple when Twitter’s Alex Payne left to join the venture, there has been a steady stream of funding news but not much in the way of real product. They’ve remedied that today with a walkthrough video of their web-based banking client. And I have to say, their promised of banking that “doesn’t suck” is looking intact. This is strictly… Read More

  • BankSimple Deposits $3.1 Million From First Round, Ron Conway, And Roger Ehrenberg

    BankSimple Deposits $3.1 Million From First Round, Ron Conway, And Roger Ehrenberg

    New York City startup BankSimple today disclosed that it raised its first venture funding in a round led by First Round Capital, Roger Ehrenberg’s IA Ventures, and Village Ventures, along with seed investors SV Angel (Ron Conway) and Nauiokas Park, and Jerry Neumann. But it did not disclose how much it raised. I’ve confirmed that the round was $2.9 million, with an additional… Read More

  • After 3+ Years, Alex Payne Quits Twitter To Create "A Bank That Doesn't Suck"

    A couple years ago when Twitter was having major scaling issues, engineer Alex Payne was able to work through them to help create the Twitter API. That API, of course, is now one of the most important on the web. And now Payne is moving on to a new challenge. As he tweets today and writes on his personal blog, Payne has quit Twitter to join the social banking startup BankSimple as a co-founder. Read More