“What a bizarre concept,” as one of BankSimple‘s potential customers put it, “People on a waiting list for a bank.”
That quote came from a lengthy profile in The Carnegie Mellon Today of BankSimple cofounders Josh Reich and Shamir Karkal, currently revving up for a beta release of the highly-anticipated Web-based bank.
A Read More
Founders Josh Reich and Shamir Karkal conceive of BankSimple as the online middleman between customers and their banks, saving users from clunky financial sites that “drop you back to like 1993.”
The Brooklyn-based startup launched a preview website yesterday to give people a taste of what modern e-banking should look like.
Spoiler: Read More
In this week’s Observer, I wrote about BankSimple, a very new kind of bank that two 31-year-olds, Josh Reich and Shamir Karkal, have been building this year in a Brooklyn basement. Last week, 26-year-old Alex Payne left Twitter to join them. It was fun to write about the three, although on the downside I Read More
In the basement of a Brooklyn brownstone, in between rooms taken up by a homemade video synthesizer and a worm garden, two 31-year-olds have spent the year building the next great American bank. It won’t have tellers, TV ads with handsome couples, well-lit branches, a trading division or even fees, except for the odd international wire Read More