Simple

Simple (previously BankSimple) is an American banking company headquartered in Portland, Oregon offering a suite of all-electronic consumer banking services. Simple partners with the Bancorp Bank to provide accounts insured by the Federal Deposit Insurance Corporation, and Allpoint to offer access to automated teller machines.In January 2013, the company had 20,000 customers and had processed more than $200 million in transactions.Simple has raised a total of $13.1 million in funding. Currently, new accounts are invitation-only.