Online banker Simple, once among Portland’s most promising tech companies, is closing down

Online banker Simple, one of Portland’s most prominent tech businesses for the past decade, is shutting down as part of its parent bank’s own sale process.

Simple notified employees of the pending closure Wednesday and told customers Thursday, calling it a “strategic decision.” Simple told clients it will transfer their accounts to BBVA but set no timetable for the change.

source-oregonlive.com/silicon-forest/2021/01/simple-portland-online-banker-is-shutting-down.html