First Citizens Bank strikes deal with FDIC to buy Silicon Valley Bank assets
The deal includes the purchase of assets of $110bn, deposits of $56bn and $72bn of SVB’s loans.
Silicon Valley Bank (SVB)
TransferGo secures £4m from Silicon Valley Bank
The pre-Series C investment funds will be used to develop and expand its RTP platform.
SaaS fintech Rimilia raises $15m from SVB and other investors
The investment brings the fintech’s total funding raised to $40 million.
