Simple (BankSimple) Neobank History

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5 Questions

When did Simple cease its operations?

May 8, 2021

In which city was Simple initially founded?

Brooklyn

When did Simple transition its partnership from The Bancorp Bank to BBVA USA?

2016

Which network did Simple belong to for surcharge-free access to ATMs?

Allpoint network

Who provided the initial seed capital for Simple?

Jerry Neumann

Test your knowledge of the history and operations of Simple (formerly BankSimple), the American neobank that provided FDIC-insured checking accounts to US citizens. Learn about its partnerships, transition to BBVA USA, and its acquisition by Banco Bilbao Vizcaya Argentaria.

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