Tech Billionaires Launch Erebor Bank to Fill SVB’s Gap

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Tech Billionaires Launch Erebor Bank to Fill SVB’s Gap

pymnts.com/news/banking/2025/tech-billionaires-launch-erebor-bank-to-fill-svbs-gap

Before collapsing in 2023, Silicon Valley Bank catered to startups and the cryptocurrency sector.

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Now, a group of tech billionaires is reportedly aiming to fill the space left by the lender’s demise with the launch of a new bank, known as Erebor.
As the Financial…

This story appeared on pymnts.com, 2025-07-02 11:02:32.