Silicon Valley Bank Updates

The latest coverage and analysis from PYMNTS following the dramatic collapse of Silicon Valley Bank (SVB).

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Money Transfer Firm Wise Lands $347M in Capital
Money Transfer Firm Wise Lands $347M in Capital
October 27, 2022  |  Investments

British money transfer firm Wise has received $300 million pounds (about $347.1 million) via a syndicated debt facility from the United Kingdom branch of California’s...

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FinTechs Need a Niche to Avoid Becoming a Commodity
FinTechs Need a Niche to Avoid Becoming a Commodity
October 18, 2022  |  Digital Banking

When everyone is special — or at least says they are — no one is. Get the Full Story Complete the form to unlock this...

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Indonesia’s Blibli Targets $528M IPO for November
Indonesia’s Blibli Targets $528M IPO for November
October 17, 2022  |  IPO

Indonesian eCommerce company Blibli is set to go public next month with an initial public offering (IPO) worth up to $528.9 million. Get the Full...

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US 8-Month Tech IPO Drought Is Longest in This Century
US 8-Month Tech IPO Drought Is Longest in This Century
September 18, 2022  |  IPO

The declines in the U.S. stock market that started early this year have scared off investors in technology startups and led to the longest stretch...

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SVB Financial’s Earnings Point to Volatility Ahead for Startups and VC Funding
SVB Financial’s Earnings Point to Volatility Ahead for Startups and VC Funding
August 03, 2022  |  Earnings

There’s no easy road ahead for startups — or the funds and banks that invest in them — but then again, it’s all a part...

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Tether Breaks Buck as Stablecoin Panic Spreads
Tether Breaks Buck as Stablecoin Panic Spreads
May 12, 2022  |  Cryptocurrency

Stablecoin panic spread Thursday (May 12), with No. 1 stablecoin tether (USDT) breaking the buck in the wake of TerraUSD’s spiraling plunge below $1 over...

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Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
March 07, 2022  |  Investments

AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million,...

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Silicon Valley Bank on Banking at the Edge of Technology
Silicon Valley Bank on Banking at the Edge of Technology
January 17, 2022  |  Digital-First Banking

Serving digital-first banking clients means meeting them where they are, whether they reach out online or want to talk finances over a glass of wine...

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Silicon Valley Bank’s Digital-First Approach t​o Keeping Tech Innovators Engaged
Silicon Valley Bank’s Digital-First Approach t​o Keeping Tech Innovators Engaged
January 14, 2022  |  Digital-First Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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