Silicon Valley Bank

67 results about this entity

Period: 28 Feb 2013 - 03 May 2024


SVB Financial to sell VC business, SVB Capital

SVB Financial Group has announced that its venture capital business, SVB Capital, will be sold to an entity affiliated with Pinegrove Capital Partners.


SVB appoints head of global payments and head of global digital solutions

Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced Martin Murrell has been named Head of Global Payments and Milton Santiago was named Head of Global Digital Solutions.


TD Bank blames regulatory uncertainty for failed First Horizon acquisition

Canada’s TD Bank has pulled its planned purchase of US bank First Horizon, stating that questions around approval of the £13.4 billion deal from regulators was to blame.


Moelis hires 11 SVB technology bankers

Investment bank Moelis & Company has hired 11 former Silicon Valley Bank technology dealmakers, including a fintech and payments specialist.


HSBC hires ex-SVB bankers to focus on US ‘innovation economy’

Following the collapse of Silicon Valley Bank (SVB) in March, HSBC is now hiring around 40 ex-SVB bankers to establish a new unit targeting tech, healthcare, and VC funds in the US.


First Citizens acquires Silicon Valley Bank

The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association, by First–Citizens Bank & Trust Company, Raleigh, North Carolina.


NextGen Nordics: SVB Nordics operating business as usual

Ahead of NextGen Nordics, which will return to Stockholm on 25 April 2023, Finextra will be publishing a series of ‘sneak peeks’, covering the topics and interviewing the panellists speaking at the event.


SVB Financial Group files for bankruptcy protection

Silicon Valley Bank's former parent company SVB Financial Group has filed for Chapter 11 bankruptcy protection.


First lawsuits roll in for SVB bosses

The first law suits have started arriving for Silicon Valley Bank and its top executives as the collapse of the high-tech lender continues to roil global markets.


HSBC acquires Silicon Valley Bank UK

HSBC has stepped in to acquire the UK arm of Silicon Valley Bank.


Update: Silicon Valley Bank taken over by regulator

The California Department of Financial Protection and Innovation says it has taken possession of Silicon Valley Bank and appointed the FDIC as receiver, citing "inadequate liquidity and insolvency".


Socure secures $95 million line of credit from JPMorgan, SVB and KeyBanc

Socure, the leading provider of digital identity verification and fraud solutions, today announced it has entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets.


Modern Treasury takes on Swift with Global ACH

Modern Treasury has unveiled Global ACH, a service enabling users to send cross-border payments leveraging local rails.


NextGen Nordics: Highlights since our last Nordic event

As we prepare for our upcoming NextGen Nordics conference on the 25th of April in Stockholm, we are publishing a series of ‘Sneak peeks’, which will take a dive into some of the topics and speakers covered at the event.

The Future of Digital Banking in North America 2023



Plum returns to the crowd after $5 million debt financing from Silicon Valley Bank

Smart money app Plum is to launch its third crowdfunding round after picking up £5 million in debt financing from Silicon Valley Bank.


Silicon Valley Bank expands to Sweden

Silicon Valley Bank (SVB) UK has announced further Nordic expansion with the establishment of a representative office in Stockholm. SVB previously opened an office in Denmark in late 2019.


Silicon Valley Bank’s UK Business becomes Subsidiary Bank

Erin Platts, CEO of Silicon Valley Bank UK & Head of EMEA, discusses the progress of Silicon Valley Bank in the UK, the significance of the bank recently completing its subsidiarisation process, how their broad range of customers are coping with the current climate today and how the bank is driving innovation and value beyond funding and financial services.


Embedded finance player Alviere closes Silicon Valley Bank financing

Alviere, the leading provider of enterprise software solutions for embedded finance easily enabling any brand to deliver a full suite of financial products and services to customers, fans, and employees, today announced that it has secured financing from Silicon Valley Bank, the bank of the world’s most innovative companies and investors.


Keepit secures $22.5 million financing from Silicon Valley Bank

Silicon Valley Bank, the financial partner of the innovation economy, has provided a $22.5 million debt financing package to Keepit in partnership with Vaekstfonden. The fresh capital will help fuel further international expansion, hiring, and product development as it continues to scale and build out its market-leading platform for SaaS data protection.