Simple news and trends

French InsurTech +Simple Snags $98M for Expansion, Consolidation
Investments // March 11, 2022

French InsurTech +Simple brought in 90 million euros ($98.2 million) and acquired three European companies to expand its platform, which operates as an insurance robo-broker for freelancers and small- to medium-businesses, according to a EU-Startups.com report on Friday (March 11). Global investment firm KKR led...

Oregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce
Banking // August 18, 2017

Portland, Oregon-based online bank Simple reduced its workforce by nearly 10 percent earlier this week, marking its second round of layoffs in 2017. According to a report in the Oregonian, the company is also letting go of five members of its executive team. “We have been...

Simple Rolls Out Shared Accounts After Months Of Testing
Mobile Commerce // March 01, 2017

Simple, the online bank, announced Tuesday (Feb. 28) the launch of Shared accounts. In a blog post, Simple said it launched the new feature after months of beta testing and 70 hours of research conversations with partners. With Shared accounts, two people open an account, and...

BBVA Compass Takes $60M Charge On Simple
Banking // February 06, 2017

BBVA Compass, the bank and savings and loan holding company, reportedly has to take a writedown on Simple, its digital banking business. According to a report, BBVA took a $60 million goodwill impairment charge during the fourth quarter, bringing the total writedown on Simple to $89.5 million....

Quick Reads
French InsurTech +Simple Snags $98M for Expansion, Consolidation

March 11, 2022
French InsurTech +Simple brought in 90 million euros ($98.2 million) and acquired three European companies to expand its platform, which operates as an insurance robo-broker for freelancers and small- to medium-businesses, according to a EU-Startups.com report on Friday (March 11). Global investment firm KKR led +Simple’s fundraising round, with participation by +Simple founders Eric Mignot, […]

Oregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce

August 18, 2017
Portland, Oregon-based online bank Simple reduced its workforce by nearly 10 percent earlier this week, marking its second round of layoffs in 2017. According to a report in the Oregonian, the...

Simple Rolls Out Shared Accounts After Months Of Testing

March 01, 2017
Simple, the online bank, announced Tuesday (Feb. 28) the launch of Shared accounts. In a blog post, Simple said it launched the new feature after months of beta testing and 70...

BBVA Compass Takes $60M Charge On Simple

February 06, 2017
BBVA Compass, the bank and savings and loan holding company, reportedly has to take a writedown on Simple, its digital banking business. According to a report, BBVA took a $60 million goodwill...