Tag : Silicon Valley Bank

Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital
Fintech News

Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital

PR Newswire
by PR Newswire0
Provided by SVB’s national fintech practice, the financing facility will support Parafin in providing capital to businesses on premier platforms such as DoorDash and Amazon. Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. (“Trinity”), announced that it has provided a $125......
Pinwheel Releases The Power of Primacy in Banking Research Report
Banking News

Pinwheel Releases The Power of Primacy in Banking Research Report

Fintech News Desk
by Fintech News Desk0
New customer acquisition is the top priority for banks today since it’s one of the best ways to recover deposit growth after 2023’s intense economic year. Pinwheel, the fintech helping banks win primacy by making direct deposit switching easy, unveils The Power of Primacy in Banking research report in partnership......
Silicon Valley Bank Rolls Out New Solutions and Research Supporting Investors and Innovation Economy Companies
Banking News

Silicon Valley Bank Rolls Out New Solutions and Research Supporting Investors and Innovation Economy Companies

PR Newswire
by PR Newswire0
SVB’s latest solutions and a new State of the Fintech Industry Report available at Money20/20 Fully committed to supporting its clients and the innovation economy, Silicon Valley Bank, a division of First Citizens Bank, is showcasing a series of new products and services this week at the annual financial services Money20/20......
Silicon Valley Bank Appoints Head of Global Payments and Head of Global Digital Solutions
Banking News

Silicon Valley Bank Appoints Head of Global Payments and Head of Global Digital Solutions

PR Newswire
by PR Newswire0
New leadership continues SVB’s commitment to best-in-class product solutions Silicon Valley Bank (SVB), a division of First Citizens Bank, announced Martin Murrell has been named Head of Global Payments and Milton Santiago was named Head of Global Digital Solutions. The new leaders will further SVB’s commitment to innovative products, client solutions and exceptional client......
Wolters Kluwer Expert Points to Potential Risks 2023 Bank Failures Pose for Non-bank Lenders
Compliance management News Risk Management

Wolters Kluwer Expert Points to Potential Risks 2023 Bank Failures Pose for Non-bank Lenders

Business Wire
by Business Wire0
Kevin Wilzbach also notes fair lending practices likely to be under increased focus After this spring’s rapid collapse of Silicon Valley Bank, Signature Bank and First Republic Bank, the banking industry is closely measuring the possible regulatory after-effects. Those impacts may include closer regulatory scrutiny for both traditional and non-bank......
Settle Unveils New Purchasing and Procurement Suite for E-commerce Businesses
Business E-commerce News

Settle Unveils New Purchasing and Procurement Suite for E-commerce Businesses

PR Newswire
by PR Newswire0
Settle, the leading cash-flow management platform, announced a new purchasing suite designed specifically for founders of e-commerce businesses. Purpose-built to streamline the challenge of purchasing and procurement, the new Settle Purchasing suite of tools automates back-office tasks like bill pay, purchase order creation, auditing, reporting and more. “The current economic......
6sense Secures $100 Million Revolving Debt Facility with Silicon Valley Bank
Banking Finance News

6sense Secures $100 Million Revolving Debt Facility with Silicon Valley Bank

Business Wire
by Business Wire0
Increased size and terms commensurate with company growth 6sense, the leading platform to revolutionize the way B2B organizations create, manage and convert pipeline to revenue, announced it has secured new debt financing totaling $100 million comprising a senior secured revolving credit facility from Silicon Valley Bank (SVB), a division of......
Wolters Kluwer Compliance Solutions Shares Insights in Response to Silicon Valley Bank and Signature Bank Collapse
Compliance management News

Wolters Kluwer Compliance Solutions Shares Insights in Response to Silicon Valley Bank and Signature Bank Collapse

Business Wire
by Business Wire0
In the wake of the recent collapse of Silicon Valley Bank (SVB) and Signature Bank—and subsequent banking industry developments in the U.S. and elsewhere—markets and the public should be reassured by the response of federal regulators to cover depositors and to help maintain confidence and stability in the resilient U.S.......
Fisker Confirms Banking Relationship With JPMorgan Chase NA
Banking News

Fisker Confirms Banking Relationship With JPMorgan Chase NA

Business Wire
by Business Wire0
Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, confirms its global banking and treasury management relationship with JPMorgan Chase NA. “Amid turmoil in the banking sector, Fisker’s relationship with JPMorgan Chase provides us with strategic financial strength as we launch our first......
Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023
Lending News

Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023

GlobeNewswire
by GlobeNewswire0
Business loan approval rates rose at Institutional Investors and Alternative Lenders Small business loan approval percentages at big banks slipped again, falling from 14.4% in January to 14.2% in February 2023, according to the latest Biz2Credit Small Business Lending Index released today. This marks the ninth consecutive month in which big bank approval percentages have declined. Meanwhile,......
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