Simple.
Morocco's largest bank relaunched its digital account L'bankalik as a standalone neobank with its own app and freemium tiers.
Attijariwafa bank's neobank app (May 2026, successor to L'bankalik): freemium tiers, QR payments, SimpleOne teen accounts.
- Who holds it
- The company itself — it holds a full banking licence — Moroccan banking license (Attijariwafa bank digital brand, Bank Al-Maghrib).
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from Simple.’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Casablanca, MA |
| Founded | 2026 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Moroccan banking license (Attijariwafa bank digital brand, Bank Al-Maghrib) |
| Card | MC · Debit |
| Stablecoins | No |
| KYC | Yes |
| Active regions | MENA |
| Countries | Morocco |
| Founders | Attijariwafa bank |
Verified links: official site ↗
Common questions about Simple.
What is Simple.?
Simple. is a fiat neobank, headquartered in Casablanca, MA and founded in 2026. Your money is held custodially, so Simple. or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Moroccan banking license (Attijariwafa bank digital brand, Bank Al-Maghrib)).
Does Simple. have a card, and where can you use it?
It issues a Mastercard debit card. It is available in MENA.
Does Simple. require KYC?
Yes. Simple. requires identity verification (KYC) to open an account, as a licensed bank.
Peers
Wise · Telda · Wio Bank · Zand · YAP · Liv.
Simple. appears in
Neobanks that hold their own banking license (140) · Neobanks that require identity verification (349) · Neobanks available in MENA (91) · Neobanks that issue a Mastercard (154)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.