Bank middle-manager BankSimple raises $2.9M to not be a bank

BankSimple, the not-quite-a-bank provider of front-end services for a number of treasury-focused banks, raised $2.9 million in its first round of funding. First Round Capital, IA Ventures and Village Ventures led the round.

Bank of America invests in mobile banking platform maker mFoundry

Mobile banking continues to heat up as Banc of America Strategic Investors Corp, the investing (and strangely Francophone-spelled) arm of Bank of America, announced the completion a strategic investing round in mobile banking platform maker mFoundry.