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BankSimple Receives $10M in New Funding and Partners With Visa, Andera, Bancorp Bank and Others

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BankSimple announced a new round of VC funding, $10 million from IA Ventures, Shasta Ventures, and other existing investors. 

The banking startup also announced partnerships with Finovate 
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alums Visa and Andera, along with The Bancorp Bank, TxVia, Allpoint, and CBW Bank. 

Andera's press release reports that BankSimple,

"...will use the Application Risk Management and Funding Risk Management components of Andera's software development kit (SDK) to power its online account opening process."

BankSimple is readying for its launch later this year. Come see its first live demo at FinovateFall in New York next month where Andera will also be showcasing its new technology. Get your FinovateFall ticket here

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