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January 7, 2021 07:04 pm GMT

BBVA says that it is shutting down banking app Simple, will transfer users to BBVA USA

Some consolidation is underway in the world of challenger banking apps. BBVA today told users of Simple — the pioneering mobile and online banking app that it acquired for $117 million in 2014 — that it is planning to shut down the service, moving accounts to BBVA’s USA business in the process. The move is […]

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