This is basically just another "big company buys smaller company" story, but if you're a Simple customer (or have been interested in checking out the service), then it's still worth paying attention to.
Simple, the online-only bank formerly backed by Bankcorp will be changing hands this week, as BBVA has purchased the small company for a reported $117m. According to Simple, however, this change shouldn't affect its users in any way – daily operations will continue to carry on as they have in the past. Read More
I just want to get this out of the way up front: I love Simple. It's among one of the best new services I've used, and after careful consideration, it beat GoBank as my financial institution of choice. If you're a Simple customer also, great news: the app just got a lot better. Thanks to the bump up to v22.214.171.124, nearly all of the features of the website are now available in the app, including the following additions:
Simple, the online bank co-founded by Twitter engineer Alex Payne, has been a long time coming (to Android, anyway). The service was actually announced a couple of years ago, with the iOS app arriving about eight months ago. And now it's finally our turn.
From the looks of the app, it appears the wait was worthwhile – instead of just cloning the iPhone app, Simple knew that Android users would want a native experience. Read More