BankSimple Announces Funding, Partners for Banking Backend: Can We Haz Our Cards Soon?

banksimple cards

BankSimple announced a $10 million raise, partnerships with Visa, The Bancorp Bank and CBW Bank, as well as a Providence-based Andera, a B2B software company that will power its online account opening process. “We at @ShastaVC are absolutely STOKED to announce our investment in @BankSimple. Making people’s banking lives easier,” tweeted VC Jacob Mullins. But he had the wrong tense. The personal finance start-upwas aiming for a spring beta launch, but has yet to communicate with the more than 50,000 users who signed up for the beta or, as far as we know, release any cards beyond a small test batch. Read More