silicon valley bank

State Regulator Closes Silicon Valley Bank and Appoints FDIC Receiver
State Regulator Closes Silicon Valley Bank and Appoints FDIC Receiver
March 10, 2023  |  Digital-First Banking

Silicon Valley Bank has been taken over and closed by a state financial regulator. The California Department of Financial Protection and Innovation (DFPI) took possession of the...

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SVB Financial Group Reportedly Looks to Sell After Trading Halted
SVB Financial Group Reportedly Looks to Sell After Trading Halted
March 10, 2023  |  Banking

SVB Financial Group has reportedly ended its plan to raise capital and is looking to sell. The parent company of Silicon Valley Bank — which...

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Silicon Valley Bank’s Existential Crisis Will Force Reckoning for Venture Capital  
Silicon Valley Bank’s Existential Crisis Will Force Reckoning for Venture Capital  
March 10, 2023  |  Digital-First Banking

Small banks. Big Impact. The demise this past week of crypto-bank Silvergate and the lingering issues at SVB Financial (Silicon Valley Bank) will likely have...

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SVB Financial Group Share Trading Halted After 68% Premarket Plunge
SVB Financial Group Share Trading Halted After 68% Premarket Plunge
March 10, 2023  |  Banking

SVB Financial Group share trading was halted Friday (March 10) after a 68% premarket plunge. This move followed a 60% drop in the share price...

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Silicon Valley Bank Crisis Threatens FinTech Funding
Silicon Valley Bank Crisis Threatens FinTech Funding
March 10, 2023  |  Banking

In Silicon Valley, and specifically for smaller tech firms, the tremors threaten to become a quake. Just a day after Silvergate Capital said it would...

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Modern Treasury Launches ‘Global ACH’ With Silicon Valley Bank Signing On
Modern Treasury Launches ‘Global ACH’ With Silicon Valley Bank Signing On
March 02, 2023  |  Cross-border Payments

San Francisco-based financial services platform Modern Treasury is introducing a product called “Global ACH” which it bills as “a new payment service” that enables lower-cost...

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‘Inevitable’ Advance of Embedded Payments Will Spark Bank-FinTech Partnerships
‘Inevitable’ Advance of Embedded Payments Will Spark Bank-FinTech Partnerships
November 09, 2022  |  Payment Methods

Embedded payments are an inevitability for merchants, for small businesses, for plumbers and gardeners, and pretty much everyone else. Modern Treasury CEO and Co-Founder Dimitri...

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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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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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