Founding Team Bios
Shamir Karkal, Advisor, Co-Founder, & former CFO — Shamir, a software engineer turned fintech innovator, co-founded Simple with Josh in 2009 and remained the company’s CFO until 2015. Today, he serves as BBVA’s Head of Open APIs. Prior to Simple, Shamir was a consultant at McKinsey & Co. specializing in strategy for financial institutions in Europe, the Middle East, and the US. Shamir holds a bachelor’s in computer science, a master’s in information technology, and an MBA from Carnegie Mellon University.
Josh Reich, CEO & Co-Founder — Josh’s career has spanned marketing analytics and quantitative finance, including running a data mining consulting firm, a quantitative strategy group at a $10 billion fund, and core components at the mortgage lead market, Root Exchange. Four years ago, Josh founded Simple, formerly BankSimple, a company that is working to radically redesign banking by using modern technology to help people worry less about money. Josh has a BSc. in mathematics and statistics from the University of Melbourne, most of a medical degree, and an MBA from Carnegie Mellon University.