Tag: bbva

Apparently it’s not just Simple. Azlo — another Portland fintech player — is getting shut down, too.

Earlier today, Portland’s Simple — one of the companies that helped inform this generation of the Portland startup community — announced that they were shutting down. But unfortunately, they’re not the only Portland fintech affected by the BBVA USA sale to PNC. Azlo — often referred to as “Simple for business banking” — which also has a significant Portland presence and was part of the BBVA-PNC deal, is being shut down, too.

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Reminiscing and retrospecting: Strands of Simple's acquisition story pre-date the company's Portland existence

When the news of Simple’s acquisition hit this morning, it immediately dawned on me that I have been so incredibly lucky to be around—recording and blogging—the company’s entire Portland existence. Read More

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