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March 15, 2023
The global banking sector was thrown into turmoil by Friday's collapse of Silicon Valley Bank, which sent global bank stocks plunging on Monday on concern about further contagion.
March 15, 2023
/PRNewswire/ -- To support the health of the startup ecosystem, Brex today announced it has moved $200M of its own corporate funds from big banks to Silicon...
March 15, 2023
/PRNewswire/ -- Change, a technology platform that powers donations for social good, announces today that it is partnering with Brex, a corporate card and...
March 15, 2023
From Bloomberg: Deals ranging from venture debt financing to funding rounds are likely to be impacted by recent days' upheaval. Startups are grappling with the logistics of moving money around and opening accounts at new banks.
March 15, 2023
Brex CEO Henrique Dubugras on what happens next after the the collapsse of Silicon Valley Bank.
March 15, 2023
Even if SVB continues under a new name, investors and tech firms alike see a future that is significantly more difficult. Deals ranging from venture debt financing to funding rounds are likely to be impacted by recent days’ upheaval
March 14, 2023
When Silicon Valley Bank imploded last Friday, Horizon3.ai’s CEO put up $1 million of his own money to meet payroll.
March 14, 2023
Questions are swirling around the swift and surprising failure of two large regional banks and what it means for depositors, investors and the broader economy. Here's what we know about some key issues.
March 14, 2023
Sam Liang had been trying since before 7 a.m. Monday to withdraw his company's funds from Silicon Valley Bank's website, but it was overloaded and the requests wouldn't go through. So the founder of ...
March 14, 2023
Mercury, NorthOne and other challenger banks that serve small business owners are seeing a boost from SVB's collapse. But the effects may be short-lived.