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Tag: Silicon Valley Bank

Etsy Starts Unclogging Payout Jam That Impacted .05% of Active Sellers

March 13, 2023March 13, 2023 Ina Steiner
Etsy

Etsy has begun processing payments through a different processor in the wake of the Silicon Valley Bank (SVB) collapse on Friday that resulted in delayed disbursements to .05 percent of Etsy’s active sellers. It’s also working to pay sellers impacted Read more

Marketplaces, NewsEtsy, Silicon Valley Bank, SVB4 Comments

Online Sellers Operate in the Dark after SVB Collapse

March 12, 2023March 12, 2023 Ina Steiner
Seller tools

Etsy sellers and those with shops on Shopify have had to make important decisions about their ongoing operations in the wake of the Silicon Valley Bank collapse. (See, “Run on Silicon Valley Bank Impacts Operations at Tech Firms.”) (See update Read more

Marketplaces, NewsBradford Williams, Etsy, John Caplan, John McDonald, Payoneer, Poshmark, Shopify, Silicon Valley Bank, SVB, Tobi Lutke

Run on Silicon Valley Bank Impacts Operations at Tech Firms

March 10, 2023March 13, 2023 Ina Steiner
Silicon Valley Bank

Founders of startup companies turned to Silicon Valley Bank (SVB) for loans, and tech firms used SVB accounts to manage their operations. Some founders and executives even used it for their personal banking and estate planning needs. But when things Read more

News, PaymentsEtsy, FDIC receivership, Roku, Run on bank, Ryan Gilbert, Silicon Valley Bank, SVB1 Comment


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