Alexia Tsotsis currently works at TechCrunch as a writer. She is also a blogger who attended the University of Southern California in Los Angeles, California. She majored in writing and art, moved to New York shortly after the end of the work in the entertainment industry and media. After four years of his life in New York and to attend courses in New York. ? Read More
Alternative banking BankSimple just announced $ 10 million in funding led by IA ventures and joined by existing investors and the enterprises of Shasta. This series b round will join the $ 3.1 million in series a and seeds that saw from investors, including first round capital, IA, village ventures, SV Angel and others.
In addition to financing, the company also announced a partnership with Visa International, CBW, Allpoint, Bancorp, Bank and Andera TxVia. BankSimple is still in stealth but plans to open its doors by the end of the year, white credit cards will be in test mode "friends and family" soon, according to his announcement post.
Co-founder Joshua Reich CEO, CFO Shamir Karkal and Technical Director (and former engineer of Twitter) Alex Payne BankSimple, the ultimate goal is to make banking easier, giving people a simple way to save money and make and track purchases in real time through the pared down down no frills Web interface.
Although he wants to control the front banking experience, the service should partnerships with banks, which actually have contributions — why here are important banking partnerships with CBW Bank and Bank Bankcorp. Alliance with Visa can help you get the start made by their white Visa cards in the millions-strong network of dealers and his relationship with Andera to help in the management of online bank accounts.
Partnership with Allpoint, the largest in the United States no-network ATMs and payment processing service TxVia are pretty self explanatory.
Below is the video BankSimple white card in action.
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