Tag: Silicon Valley Bank

Following the collapse of Silicon Valley Bank (SVB), UK financial institution major HSBC has reportedly acquired Silicon Valley Bank UK (SVB UK) for £1.

Digital identity and fraud solution developer Socure has collected $95m in a three-year credit facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets.

Global embedded business finance platform Liberis has secured an additional €30m funding from Silicon Valley Bank UK to support its European expansion.

Paytient, which created the Health Payment Accounts (HPAs), has raised $40.5m for its Series B round, which was composed of debt and equity.

Versa Networks, a single-vendor secure access service edge (SASE) platform, has raised $120m in pre-IPO funding.

Netradyne, a startup that uses AI and data to provide fleet safety solutions, has raised $65m in debt financing from Silicon Valley Bank.

Wagestream, a flexible pay and financial well-being app founded by charities and designed for frontline workers, has closed a $175m Series C round.

Jeeves, an all-in-one corporate card and expense management platform, has reached a $2.1bn valuation after the close of its Series C on $180m.

Ketch, which automates data compliance for businesses, has reportedly closed another $20m in funding, just months after former investment.

Expense management platform Jeeves has reached a valuation of $500m, after it closed its star-studded Series B round on $57m.