Banksimple Closes Series A Funding

▤ Summary

, a New York City, based-company developing a user-friendly electronic service that allows people to manage their finances, has closed a €2.9m Series Around.With BankSimple, customers receive a debit card that enables access to a larfe network of fee-free ATMs.This capital infusion will enable the company to close partnerships with financial institutions in the coming months.Following this, BankSimple will begin inviting customers to test the service in order to prepare it for the official launch.According to John Reich, CEO, “With over 20,000 people already waiting to join, our goal is to provide them nothing less than an unparalleled level of personal customer service.

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