Tech Company M&A Transactions

Simple Acquisition

On 2/21/2014, Simple was acquired by BBVA. The acquisition price was $117 million.

Transaction Overview

Company Name
Acquired By
Announced On
2/21/2014
Transaction Type
M&A
Amount
$117,000,000
M&A Terms
Additional financial terms of the transaction were not disclosed.

Company Information

Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
18 Bridge Street 4F
Brooklyn, NY 11201
USA
Email Address
Overview
Simple was born out of our frustration with banking. We were fed up with our banks: the fees, the constantly changing rules, the crappy customer service. We saw an opportunity to fix these issues by making banking simpler.
Profile
Simple LinkedIn Company Profile
Social Media
Simple Company Twitter Account
Company News
Simple News
Facebook
Simple on Facebook
YouTube
Simple on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Josh Reich
  Josh Reich LinkedIn Profile  Josh Reich Twitter Account  Josh Reich News  Josh Reich on Facebook
Chief Financial Officer
Shamir Karkal
  Shamir Karkal LinkedIn Profile  Shamir Karkal Twitter Account  Shamir Karkal News  Shamir Karkal on Facebook
Chief Technical Officer
Alex Payne
  Alex Payne LinkedIn Profile  Alex Payne Twitter Account  Alex Payne News  Alex Payne on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/21/2014: Brain Parade venture capital transaction
Next: 2/21/2014: Summon venture capital transaction

 

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About Database of VC Transactions

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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