BUSINESSFINANCIAL TIMES WORLD
Start-up bank backed by Palmer Luckey set to raise $1.5bn
A start-up bank backed by Palmer Luckey is set to raise $1.5bn in funding. This investment news also values Erebor at $8bn, which underscores the growth of the lender supported by Silicon Valley investors.
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Adjacent reporting
- Peter Thiel-backed crypto-friendly Erebor Bank eyes $8 billion valuation as deposits nearly quadruple: Bloomberg
- Stablecoin infrastructure startup Checker raises $8 million from Galaxy Ventures and others
- New Crypto Bank silently launched - Thiel Backed Takeover
- B2B stablecoin tech provider Infinite rolls out banking services powered by Thiel-backed Erebor Bank