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Etsy, Bill.com, and Others Disclose SVB Exposure

Por: MarketWatch Business March 12, 2023

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(ticker: ETSY) had emailed its sellers that same day to tell them there was a “delay” in remitting their deposits due to the “recent developments regarding Silicon Valley Bank,” which Etsy used to facilitate disbursements. The online marketplace is hardly the only company in limbo after the bank’s implosion. Federal regulators , a lender primarily to venture-capital-backed start-ups in technology and life sciences, on Friday, after a... + full article



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