# Simple

**Source:** https://www.startuphub.ai/startups/simple
**Profile type:** Startup

> A digital banking platform offering a checking account, debit card, and budgeting tools.

## About

Simple was a financial technology company that provided a mobile-first banking experience. It offered a checking account with no hidden fees, a debit card, and tools for budgeting and expense tracking. The company aimed to make banking transparent and easy to manage through its app.

## Key facts

- **Slug:** simple
- **Website:** https://www.simple.com/
- **Location:** Portland, United States
- **Founded:** 2009-01-01
- **Operating status:** Active
- **Total funding:** $61M
- **Sectors / tags:** Fintech, Neobank, Digital Payments, Consumer App, Banking

## Frequently asked

### What does Simple do?

Simple was a financial technology company that provided a mobile-first banking experience. It offered a checking account with no hidden fees, a debit card, and tools for budgeting and expense tracking. The company aimed to make banking transparent and easy to manage through its app.

### What is Simple's revenue?

StartupHub estimates Simple's annual revenue at $14.5M (range $9.9M to $29.2M, 27% confidence), based on comparable companies in the sector.

### What is Simple's valuation?

StartupHub estimates Simple's effective valuation at $217.4M (range $153.0M to $367.2M, 20% confidence), based on comparable companies in the sector.

### How much funding has Simple raised?

Simple has raised a total of $61M in funding. The most recent round on record is Series B.

### Where is Simple headquartered?

Simple is headquartered in Portland, United States.

### When was Simple founded?

Simple was founded in 2009.

### What industry does Simple operate in?

Simple operates in Fintech, Neobank, Digital Payments, Consumer App, Banking.

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