Fintech banking startup Mercury says it has more than doubled its valuation to $3.5 billion after raising $300 million in its latest funding round. A portion of the funding raised will go toward a ...

JPMorgan gained three years' worth of new clients in a single weekend when Silicon Valley Bank collapsed. The Jamie Dimon-led bank has since quadrupled its startup client base to nearly 12,000, served ...

Valt has achieved conditional approval for a national banking charter from the Office of the Comptroller of the Currency (OCC). The purely online business banking provider, helmed by a leadership team ...

Mark Henricks has written on mortgages, real estate and investing for many leading publications. He works from Austin, Texas, where he engages in songwriting, wilderness backpacking, whitewater ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Palmer Luckey, CEO of defense tech giant Anduril Industries, is quietly building a new digital banking ...

Anduril cofounder Palmer Luckey is launching Erebor, a bank that will serve crypto clients and startups. BI obtained a memo that describes leadership at the neobank. The executives have ties to ...