Tag : Silicon Valley Bank

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
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
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
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,......
Axcelis Expects Immaterial Impact from Relationship with Silicon Valley Bank
Banking News

Axcelis Expects Immaterial Impact from Relationship with Silicon Valley Bank

PR Newswire
Company has Relationships with Multiple US and Foreign Banks Axcelis Technologies, Inc., a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced that it expects the collapse of Silicon Valley Bank (SVB) into receivership by the Federal Deposit Insurance Corp. to have an immaterial impact on the......
Socure Secures $95 Million Credit Facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets
Banking News Security

Socure Secures $95 Million Credit Facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets

Business Wire
Socure, the leading provider of digital identity verification and fraud solutions, announced it has entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets. This line of credit will further strengthen the company’s financial position as it continues on its mission to be the......
Modern Treasury Announces Global ACH Capabilities to Provide Customers with Access to Lower Cost Cross-Border Payments
Digital Payments News

Modern Treasury Announces Global ACH Capabilities to Provide Customers with Access to Lower Cost Cross-Border Payments

Business Wire
Modern Treasury and Silicon Valley Bank together are offering joint customers a less expensive, more efficient alternative to cross-border wire payments Modern Treasury, the operating system for the new era of payments, and Silicon Valley Bank, announced the availability of a new global payment solution, which will allow mutual clients to......
Evolv Technology Announces $75 Million in Non-Dilutive Debt Financing with Silicon Valley Bank
Artificial Intelligence debt collection News

Evolv Technology Announces $75 Million in Non-Dilutive Debt Financing with Silicon Valley Bank

Fintech News Desk
Facility Expected to Support Company’s Rapidly Growing Subscription Offering Evolv Technology, the leader in AI-based weapons detection security screening, announced that it has closed a $75 million non-dilutive debt financing facility with Silicon Valley Bank, the bank of the world’s most innovative companies and investors. “Silicon Valley Bank is pleased......
Icertis Secures $150 Million to Accelerate Leadership in Contract Lifecycle Management
Artificial Intelligence Fintech Funding News

Icertis Secures $150 Million to Accelerate Leadership in Contract Lifecycle Management

Fintech News Desk
Icertis, the contract intelligence company that pushes the boundaries of what’s possible with Contract Lifecycle Management (CLM), announced it has secured $150 million in funding comprised of a revolving credit facility and convertible financing from Silicon Valley Bank. The funds will enable Icertis to further extend the company’s leadership position in the burgeoning......
Vive Crop Protection Closes Funding Round, Accelerating Its Precision Chemistry Platform
Investments News

Vive Crop Protection Closes Funding Round, Accelerating Its Precision Chemistry Platform

Fintech News Desk
Led by Canadian Agtech venture capital fund Emmertech Participation from the Cibus funds, Silicon Valley Bank, and existing investors Capital planned for expanding commercial footprint, R&D pipeline Vive Crop Protection announced today the close of its USD $26 million Series C investment round. The round was led by Emmertech with participation from the......
Iveric Bio Announces Agreement for Up to $250 Million in Non-Dilutive Debt Financing with Hercules Capital and Silicon Valley Bank
Banking News

Iveric Bio Announces Agreement for Up to $250 Million in Non-Dilutive Debt Financing with Hercules Capital and Silicon Valley Bank

Fintech News Desk
IVERIC bio, Inc. announced that it has entered into a term loan debt financing facility with Hercules Capital, Inc. and Silicon Valley Bank providing the Company with total borrowing capacity of up to $250 million in non-dilutive debt financing. Latest Fintech News: Ushur Launches Insurance Automation Portfolio in AWS Marketplace......
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