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Bankrupt SVB Financial still exploring options for venture capital arm

The disclosure comes days after the company agreed to sell its investment banking division, SVB Securities, to a group led by the segment's chief executive officer. SVB Financial had collapsed into bankruptcy after former unit Silicon Valley Bank's failure in March triggered the worst U.S. banking crisis in 15 years. U.S. regulators had to step in to backstop a deal for regional lender First Citizens BancShares to buy the failed Silicon Valley Bank.
New York United States Devika Syamnath Niket Nishant Financial Group Silicon Valley Bank
Source: yahoo.com

U.S. Fintech Company Bluevine announces legal entity in India

Bengaluru (Karnataka) [India], May 4 (ANI/PRNewswire): Bluevine, a leading provider of innovative small business banking solutions in the U.S. has now launched its legal entity in India called Bluevine India Private Limited. The company's India office in Bengaluru will aid in expanding Bluevine's global footprint with intuitive, end-to-end banking products tailored to the needs of small businesses. The growth functions in India will be product management, risk operations, loan applicatio...
Siddharth Bellur Yael Malek Eyal Lifshitz Industrial Bank Banking Services Bluevine India Private

Automation Anywhere secures USD 200 million in financing from Silicon Valley Bank and Hercules Capital

San Jose (California) [US], October 4 (ANI/PRNewswire): Automation Anywhere, Inc., a global leader in Robotic Process Automation (RPA), announced today that it is has secured USD 200 million in financing from Silicon Valley Bank, SVB Capital, and Hercules Capital, Inc. (NYSE: HTGC). The financing is intended to provide operational and strategic capital for the next several years. "We continue to be optimistic about the near-term opportunities for Automation Anywhere, as more companies scale...
News Net News Release Publishing San Jose California Us Ctober 4 Ani Prnewswire Automation Anywhere A Global Leader In Robotic Process Automation Rpa Nnounced Today That It Is Has Secured Usd 200 Million In Financing From Silicon Valley Bank

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Automation Anywhere Secures $200 Million in Financing from Silicon Valley Bank and Hercules Capital

SAN JOSE, Calif., Oct. 3, 2022 /PRNewswire/ -- Automation Anywhere, Inc. ,a global leader in Robotic Process Automation (RPA), announced today that it is has secured $200 million in financing from Silicon Valley Bank, SVB Capital, and Hercules Capital, Inc. (NYSE: HTGC). The financing is intended to provide operational and strategic capital for the next several years. "We continue to be optimistic about the near-term opportunities for Automation Anywhere, as more companies scale automation ...
United States Mihir Shukla Bob Blee Financial Group Silicon Valley Bank Prnewswire Automation Anywhere Inc

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