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