BBVA Says That It Is Shutting Down Banking App Simple, Will Transfer Users To BBVA USA

BBVA today told users of Simple — the pioneering mobile and online banking app that it acquired for $117 million in 2014 — that it is planning to shut down the service, moving accounts to BBVA’s USA business in the process. TechCrunch reports: The move is part of an ongoing effort at BBVA — which had been an active investor and…