Simple Sells for $117 Million

Portland banking startup will keep offices here.

lede_3731(payne)

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Portland's online banking startup Simple has cashed out.Spanish banker BBVA has paid $117 million for Simple, a company that has made a big splash by moving personal-finance services onto customers' phones. Rick Turoczy broke the story this morning on his blog Silicon Florist.The deal is the biggest "exit" for a Portland startup in years. It was arranged by Portland company MergerTech, run by influential ...   More
 
Thursday, February 20, 2014 AARON MESH

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Cover Story
On a warm morning last June, Mayor Sam Adams stood in front of a crowd of computer geeks at the Eliot Center in downtown Portland...   More
 
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