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Simple Begins On-Boarding Customers, Loses CTO Alex Payne

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Finance startup, Simple (formerly BankSimple), quietly made a couple of announcements today.

First, a few weeks ago it began the process of on-boarding the 125k customers on its wait list. To give you a reference of how long that is expected to take, TechCrunch reports that those who request an invite today can expect to receive their card in the mail sometime this Fall.

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In addition to this, it announced one of its co-founders and CTO, Alex Payne, is leaving the company to pursue his interest in programming languages and developer tools. He will, however, fill the role as the startup’s advisor.

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To learn more about Simple, watch its FinovateFall 2011 demo.