Top

SVB’s Lack of Risk Officer Emerges as Focus in Fed Probe

US regulators shutter New York’s Signature Bank following SVB collapse

Former First NBC Bank CEO found guilty of fraud, faces prison

CFPB Proposal Targets Limiting Credit Card Late Fees

Are Brazil and Argentina Heading Toward a Tragedy of the Monetary Commons?

Tag: Mercury

Activity, Investment Banking

Digital banking start-up Mercury hits $1.6bn valuation with new $120m funding

August 3, 2021

Via: FinTech Futures

The challenger says the funds take its total valuation up to $1.62 billion, making it the country’s latest banking unicorn. The raise also included participation from Andreessen Horowitz, CRV, and Sapphire Ventures as well as a number of angel investors. […]