Silicon Valley Bank Updates

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

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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. Application programming interfaces (APIs) and all manner of updated tech...

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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. According to published...

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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

Banking customers are less likely than ever before to visit branches, and 43% say they bank entirely online or through a mobile app. At the...

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Rental Market Platform Azibo Nets $19M for Hiring, Scale Push
Rental Market Platform Azibo Nets $19M for Hiring, Scale Push
January 12, 2022  |  Real Estate

Azibo, the one-stop shop finance program for rental properties, has completed a series A round for $19 million, a press release says. The round was...

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