https://techcrunch.com/2021/01/07/bbva-says-that-it-is-shutting-down-banking-app-simple-will-transfer-users-to-bbva-usa/

Some consolidation is underway in the world of challenger banking apps. 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.

The move is part of an ongoing effort at BBVA — which had been an active investor and acquirer of startups — to streamline its business as it works on closing a merger with PNC. The latter bank announced in November last year that it would acquire the US business of BBVA for $11.6 billion.