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 ...

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 ...

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 ...

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 ...

Here’s a closer look at some of the easiest bank accounts to open. Account details and annual percentage rates (APYs) are accurate as of November 9, 2025. *Earn up to 4.30% Annual Percentage Yield ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

With a growing number of challenger banks taking on the U.S. market, one of the original startup banks, Simple — now owned by BBVA — has taken the unusual step of removing a core banking feature: bill ...

There are thousands of banks to choose from in the U.S., and for many, deciding on the right one to join can come down to how easy the institution makes it to do so. Online accessibility and minimal ...