The online bank notified customers it is shutting down and deposits will remain with its parent bank BBVA USA, which is in the process of being acquired. Portland-based online bank Simple is shutting ...

Simple, the Portland-based online banking company with a presence in Seattle, is shutting down due to the sale of banking giant BBVA USA. Founded in New York in 2009 and moved to Portland in 2011, the ...

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Online-only bank Simple is shutting down, its parent company announced in an email to customers Thursday. BBVA USA, which acquired Simple in 2014 for $117 million, said it would be transitioning ...

The good news is Simple customers don't need to take immediate action to protect their funds. Your debit card, online banking, and mobile app will continue to work, so you can access your money as ...

Some consolidation is underway in the world of challenger banking apps. BBVA today told users of Simple — the pioneering mobile and online banking app that it acquired for $117 million in 2014 — that ...

We may earn a commission when you click links to retailers and purchase goods. More info. In an email to customers, Simple Bank, the all digital Portland-based banking service, is shutting its digital ...