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Tag: SVB

Mercury Takes Aim at Replacing Silicon Valley Bank 

Mercury, a startup that provides digital banking services to small businesses and startups, is challenging Silicon Valley Bank's (SVB) position as the go-to bank for the technology industry.

First Citizens Bank Acquires Silicon Valley Bank’s US Business

Silicon Valley Bank (SVB), which was closed by regulators on March 10, has now been taken over by First Citizens Bank.

The SVB Collapse: Why Did So Many UK Startups Only Have One Bank Account?

According to a survey by the UK Business Angels Association, just over a third of UK startups had access to no other banking facilities other than SVB UK.

Fintechs Scoop Up Clients Following Collapse of Silicon Valley Bank

Fintech companies focused on serving startups and small businesses are seeing an influx of new clients after the collapse of Silicon Valley Bank (SVB).

The HSBC Takeover of Silicon Valley Bank’s UK Arm: A Positive Development for UK Scale-ups

The collapse of Silicon Valley Bank was a shock to the global start-up community, but the takeover of the bank's UK arm by HSBC may prove to be a positive development for UK scale-ups.

Wise secured £160m from Silicon Valley Bank

Silicon Valley Bank UK Branch (SVB), announced it decided to provide Wise a new £160m capital facility so the company is able to refinance its existing debt.
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