Thiel's bank, named after the mountain where the dragon Smaug hoards his treasure, plans to serve tech startups and crypto ...

Thiel is just one backer. The leader of the pack is reported to be Palmer Luckey, the founder of Anduril (another company ...

When the regional banking crisis was in full throttle, Peapack Private Bank & Trust saw a lending void, and an chance to pick ...

The application for Erebor, to be headquartered in Columbus, Ohio, outlines a digital-only model, with a secondary office in ...

Silicon Valley billionaires plan to start a new lending bank focused on crypto currency and tech companies in Columbus. Ohio ...

Tech billionaire Joe Lonsdale said on Wednesday he is investing in a new crypto-focused U.S. bank being launched by Anduril ...

A group of billionaires led by Peter Thiel plans to launch Erebor, a new bank serving startups and crypto firms, aiming to ...

The sudden closure of New York-based Signature Bank by regulators on March 12, 2023, marked a critical moment in a wave of ...

Peter Thiel backs Erebor, a US bank launched by tech billionaires to support start-ups and crypto firms after SVB's 2023 collapse.

Friedman co-founded venture capital firm NFDG, which has backed high-profile startups including Safe Superintelligence, Perplexity and Figma. The former CEO of AI startup Safe Superintelligence has ...

In a bid to snap up tech startups and founders left semi-stranded after the 2023 collapse of Silicon Valley Bank, Citizens ...