Startups Yearly: The biggest startup stories from 2023

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. Thank you for subscribing to Startups Weekly. This week, I’m taking my parents to Yosemite to explore the snowy peaks a

Black founders still care for Silicon Valley Bank

Silicon Valley Bank was in Austin at AfroTech this week, sponsoring and hosting parties in an effort to rebuild trust among Black founders.

SVB’s commercial banking president: ‘Come on back, the water’s fine’

Four players in the banking industry spoke about what they are doing to offer startups and investors new alternatives in a post-SVB world.

SVB’s collapse drove 26K customers to Mercury in 4 months

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

TreasurySpring raises $29M to expand its investment platform aimed at businesses with excess cash

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

How one software engineer is turning Silicon Valley Bank’s collapse story into a musical

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.

HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking

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

Private lenders won’t fill the venture debt gap left by SVB

The collapse of SVB does bring new opportunities for venture debt lenders, but they aren't interested in SVB's early-stage strategy.

Fintech startup Brex was among the bidders for SVB’s early-stage and growth portfolios

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive

As another startup bank partner collapses, tech feels the gap

In the wake of FRB's collapse, founders and investors continue to wonder: Where is the best place to protect important assets?

Shares of First Republic are off 40% on reports that the government may step in

There is no clear indication yet that that is new de facto policy, or that First Republic customers will enjoy similar protections.

Silicon Valley Bank’s chief risk officer is out, months after taking the job

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 claims a quarter of SVB customers operating in Africa are opening accounts on its platform

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

How a fintech company handled a fintech crisis

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.

There’s trouble in Startup Nation

For Israeli entrepreneurs, the prospect of rising pressure on the country's credit rating made banking diversification a more pressing issue.

SVB collapse spared an already muted venture deal market

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.

Not all unicorns are in trouble, just a lot of them

Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the week

Now is the time to invest in Black-owned banks

It's essential to consider this moment as an opportunity to start banking with some of the few Black-owned banks.

Emerging managers hope the new SVB offers the same support to new VCs

When it came to emerging managers, SVB went beyond just banking resources. These young VCs hope that support isn't lost.

Silicon Valley Bank’s crash is providing valuable lessons all over the world

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
Load More