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Silicon Valley Bank was in Austin at AfroTech this week, sponsoring and hosting parties in an effort to rebuild trust among Black founders.
Four players in the banking industry spoke about what they are doing to offer startups and investors new alternatives in a post-SVB world.
When Silicon Valley Bank collapsed in March, a flurry of startups rushed to step in to help fill a gap in the startup and venture capital community. One of those startups, Mercury, in particular found
Of the many issues highlighted by the collapse of Silicon Valley Bank, one big one was the liability of having too much cash sitting in too few bank accounts. Today a London startup called TreasurySpr
Mauricio Costa was inspired by stories about the bank's demise and is giving them a gospel and hip-hop treatment in a new musical.
Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation
The collapse of SVB does bring new opportunities for venture debt lenders, but they aren't interested in SVB's early-stage strategy.
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In the wake of FRB's collapse, founders and investors continue to wonder: Where is the best place to protect important assets?
There is no clear indication yet that that is new de facto policy, or that First Republic customers will enjoy similar protections.
When Silicon Valley Bank’s collapse was first unfolding, a belated disclosure colored some of the chaos: The bank spent most of last year without a chief risk officer, and the one who left sold more
Verto, a London-based B2B cross-border foreign exchange (FX) and payments enabler for startups and small businesses, said it has acquired a quarter of Silicon Valley Bank (SVB) customers from Africa a
Spend management company Airbase found itself trying to access its own funds while also helping customers make payments through Silicon Valley Bank during the bank's collapse.
For Israeli entrepreneurs, the prospect of rising pressure on the country's credit rating made banking diversification a more pressing issue.
The past year has been tough for startups and investors, but at least Silicon Valley Bank's downfall isn't likely to make it materially tougher.
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It's essential to consider this moment as an opportunity to start banking with some of the few Black-owned banks.
When it came to emerging managers, SVB went beyond just banking resources. These young VCs hope that support isn't lost.
This week, some of my colleagues took a deep dive into the effects on consumers, businesses, banks, investors, etc. — all over the world — showing just how connected the startup ecosystem really i