Inside JPMorgan Chase's push to become the startup world’s new Silicon Valley Bank

For JPMorgan Chase, winning the niche of startup banking from rivals is about more than just gaining deposits: It's a bet to ...
Hosted on MSN

Palmer Luckey aims to revive tech banking with crypto-friendly ‘Erebor’ startup: sources

Palmer Luckey — whose fast-growing defense firm Anduril is set on revolutionizing modern warfare – is now backing an ambitious, crypto-friendly banking startup that aims to rethink the world of ...
Hosted on MSN

The executives behind Palmer Luckey's new digital banking startup Erebor include banking, Big Law, and tech vets

Palmer Luckey, CEO of defense tech giant Anduril Industries, is quietly building a new digital banking venture — and we now know more about who will be helping him. The startup, Erebor, is raising ...
TechCrunch

Digital banking startup Mercury abruptly shuttered service for startups in Ukraine, Nigeria, other countries

Digital banking startup Mercury said it’s no longer serving U.S.-domiciled customers with business and residential addresses from certain countries, including Ukraine, the company confirmed to ...
TechCrunch

Fintech Mercury, whose B2B business is caught up in regulatory scrutiny, expands into consumer banking

Business banking startup Mercury, founded in 2017, is now launching a consumer banking product. Mercury today serves more than 100,000 businesses, many of which are startups, via its B2B practice. The ...
The New York Times

Your Online Lender May Not Be a Bank. Here’s How to Keep Your Money Safe.

The collapse of a little-known intermediary named Synapse Financial Technologies has put a spotlight on the risk that customers face when using popular banking start-ups. By Rob Copeland If it looks ...