Posts tagged "SVB"

Aussie fintech Airwallex spun up a lot of new accounts in the wake of SVB. But it says that helping people was its focus.

Canva co-founder Cliff Obrecht has vowed to support Silicon Valley Bank should it come back from the dead, after the financial institution, which reportedly carried cash deposits for the graphic design titan, suffered one of the most spectacular bank collapses since the 2008 Global Financial Crisis.

After a rollercoaster weekend, Bitcoin has rallied by around 20% in the last four days in the wake of the Silicon Valley Bank collapse.

The startup scene was shaken by the collapse of SVB over the weekend, with panicked Australian companies joining the hordes trying to extract money. Here's what it looked like from the inside.

ASX-listed companies have revealed tens of millions of dollars in exposure to the Silicon Valley Bank collapse, as Australian tech leaders face an anxious wait for US authorities to bail out depositors of the failed institution.