Simple, the online ‘anti-bank’, has been acquired — by a bank

Simple, the online-only banking solution, has been acquired for $117 million. The company has been taken under the wing of BBVA, a 150-year old financial institution, which is a leader in the Spanish market. BBVA is also one of the top banks in the US, and invests in Turkish and Chinese banks as well.

Simple Android app teased for “early” next year

Simple is a new take on banking. One that is aimed at those looking to replace their bank. And for those who have been turned off by Simple in the past because it was available only for those rocking an iOS device, you may be happy to learn that Android support is coming.