BankSimple, a new type of technology-focused, online-only banking startup cofounded by an early Twitter employee, has just completed a round of venture funding, SAI has learned.

First Round Capital's Josh Kopelman, IA Ventures' Roger Ehrenberg, and Village Ventures' Matt Harris led the round, which will close shortly. Angels including Ron Conway joined in.

The startup was founded by CEO Josh Reich, CFO Shamir Karkal, and CTO Alex Payne, one of Twitter's first employees, and the man who predicted that new features on Twitter's home page would eliminate... 

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