Tag: banksimple

Not so Simple: Taking on established banking was no small feat

As mentioned previously today, Portland’s Simple is being shuttered by acquirer BBVA ahead of PNC completing the acquisition of BBVA USA properties. Not only did the move adversely impact many of our fellow Portlanders and the Portland fintech community — as did the similar shuttering of Azlo today — but it also marked the end of a banking story of David and Goliath proportions. Where Goliath won.

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First, they simplified their office structure. Now, they’ve simplified their name. BankSimple is now Simple.

Not so long ago, BankSimple announced that they had decided to consolidate their New York, San Francisco, and Portland offices, by moving their headquarters to Portland.

Today, they announced another change for the company. They’re no longer BankSimple. Now, they’re simply Simple. Read More

Banking on Portland: BankSimple consolidates its offices in the Rose City

It wasn’t so long ago that Alex Payne moved to Portland. And co-founded a new startup that wasn’t anywhere near Portland. That startup was BankSimple.

As time went on, Alex helped the BankSimple office in Portland grow, made some interesting local hires, and continued to work as the company landed more funding for its cause—reinventing the consumer experience with banks. Read More

BankSimple banks $10 million in additional funding

It’s always nice to report on Portland funding news. This time, it’s BankSimple—whom we count as a Portland company thanks to their CTO and co-founder Alex Payne and their dev shop being located here in Portland. The company just landed an additional $10 million in financing and added Visa, Bancorp, CBW, Allpoint, and Andera to their partner list. Read More

PIE: From side project to startup

A few years back, I had the opportunity to run a BarCamp Portland session called “From side project to startup.” I’ve always liked that thought. Because it’s a dream that so many of us have. To work on something we love—even if it’s on the side. And for that project to build so much momentum and find users and find revenue. And that we could make it our job. Day in and day out.

Well, I never believed it would happen to me. But with Silicon Florist and PIE, it has. Read More

Alex Payne discusses BankSimple, Portland, investors, and startup life

Well, Alex Payne, CTO and co-founder of BankSimple, took a few minutes to sit down with Startup Weekly and to share some of his thoughts.

It’s not often that someone tries to reinvent the banking industry. Especially from Portland, Oregon. But that’s exactly what the folks from BankSimple‘s Portland outpost are doing on a daily basis.

What’s it like? Well, Alex Payne, CTO and co-founder of BankSimple, took a few minutes to sit down with Startup Weekly and share some of his thoughts. Read More