Growth Everywhere - How Sim...
Growth Everywhere - How Simple Used Technology To Innovate In The Banking Industry (And Sell For $117M!)
How Simple used tech to become the fastest growing bank
4 years ago
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CEO, Single Grain
Hey PHers, Today’s interview is with Josh Reich, the CEO of Simple, a new bank that provides automated banking, budgeting, and savings for their customers. Simple is growing faster than any other bank, has eliminated all the fees typically associated with traditional banking, and sold to BBVA for $117 million. Throughout the interview, Josh and I talk about what it was like for him to disrupt such a highly regulated industry, how they achieved their massive growth, and the basics of how they do business.